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 67.61 (%).Trend:Increase 208.58% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.42 (%).Trend:Decrease 50.57% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 24.46 (%).Trend:Decrease 26.81% than previous quarter

Overall: decreasing (-63.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 93.73 (%).Trend:Increase 221.54% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 45.32 (%).Trend:Decrease 51.65% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 34.32 (%).Trend:Decrease 24.27% than previous quarter

Overall: decreasing (-63.38%). 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 60.94 (%).Trend:Increase 133.4% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 34.8 (%).Trend:Decrease 42.89% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 25.97 (%).Trend:Decrease 25.37% than previous quarter

Overall: decreasing (-57.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.2 (%).Trend:Decrease 18.71% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.23 (%).Trend:Increase 0.16% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.76 (%).Trend:Increase 2.91% than previous quarter

Overall: increasing (3.08%). Fluctuation: **Little** (low variation).


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 20.43 (%).Trend:Increase 4.08% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 23.05 (%).Trend:Increase 12.82% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.13 (%).Trend:Increase 9.02% than previous quarter

Overall: increasing (23.01%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.48 (USD).Trend:Increase 14.73% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.88 (USD).Trend:Increase 94.59% than previous quarter
Year 2021 Quarter 3: Earning Per Share 4.43 (USD).Trend:Increase 53.82% than previous quarter

Overall: increasing (199.32%). Fluctuation: **Significant** (high variation).



From Q1 2021 to Q3 2021, significant decreases were observed in Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue, all marked by high variation.  Conversely, the SG&A Expense Ratio showed a small increase with low variability.  Retained Earning on Assets displayed consistent growth, while Earning Per Share experienced a substantial increase characterized by significant fluctuation.  The analysis is based on three quarters of data.