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 76.99 (%).Trend:Increase 178.24% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 40.16 (%).Trend:Decrease 47.84% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.6 (%).Trend:Decrease 28.78% than previous quarter

Overall: decreasing (-62.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 134.01 (%).Trend:Increase 175.06% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 68.92 (%).Trend:Decrease 48.57% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 47.61 (%).Trend:Decrease 30.92% than previous quarter

Overall: decreasing (-64.47%). 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 1.21 (%).Trend:Increase 8.04% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 2.02 (%).Trend:Increase 66.94% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 2.41 (%).Trend:Increase 19.31% than previous quarter

Overall: increasing (99.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 30.25 (%).Trend:Decrease 7.24% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.59 (%).Trend:Increase 1.12% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.98 (%).Trend:Decrease 1.99% than previous quarter

Overall: decreasing (-0.89%). 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 0.66 (%).Trend:Decrease 60.48% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 2.2 (%).Trend:Increase 233.33% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 3.85 (%).Trend:Increase 75.0% than previous quarter

Overall: increasing (483.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.99 (USD).Trend:Decrease 47.34% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.34 (USD).Trend:Increase 136.36% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.89 (USD).Trend:Increase 66.24% than previous quarter

Overall: increasing (292.93%). Fluctuation: **Significant** (high variation).



Q1-Q3 2021 financial data reveals significant volatility. Working capital efficiency, as measured by liabilities and current assets on revenue, is decreasing substantially. Cost efficiency, represented by the retained earnings-to-revenue ratio, is strongly increasing, but with substantial quarter-to-quarter variations.  Selling, general, and administrative (SG&A) expense ratio is decreasing slightly, with low fluctuation.  Investment efficiency and earnings per share are increasing significantly but are highly volatile. A comprehensive analysis is crucial to understanding these trends.