Working Capital Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2021 Quarter 1: Liabilities on Revenue 78.92 (%).Trend:Increase 71.23% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.0 (%).Trend:Decrease 49.32% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.93 (%).Trend:Decrease 32.67% than previous quarter

Overall: decreasing (-65.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 171.44 (%).Trend:Increase 276.96% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 88.56 (%).Trend:Decrease 48.34% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 54.26 (%).Trend:Decrease 38.73% than previous quarter

Overall: decreasing (-68.35%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 53.62 (%).Trend:Increase 436.2% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.93 (%).Trend:Decrease 46.05% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 19.16 (%).Trend:Decrease 33.77% than previous quarter

Overall: decreasing (-64.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2021 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2021 Quarter 1: Retained Earning on Assets 9.94 (%).Trend:Increase 57.28% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 10.98 (%).Trend:Increase 10.46% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 11.28 (%).Trend:Increase 2.73% than previous quarter

Overall: increasing (13.48%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 109.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.35 (USD).Trend:Increase 94.44% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.37 (USD).Trend:Increase 5.71% than previous quarter

Overall: increasing (105.56%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2021 demonstrate significant volatility.  Liabilities and current assets on revenue both decreased significantly throughout the quarter, indicating instability in working capital.  Cost efficiency, in the form of the ratio of retained earnings to revenue, also decreased significantly, implying issues with profitability.  Conversely, retained earnings on assets show an increase, although still with fluctuation.  Earnings per share demonstrate significant fluctuation.