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 108.66 (%).Trend:Increase 236.3% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.55 (%).Trend:Decrease 51.64% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.81 (%).Trend:Decrease 50.88% than previous quarter

Overall: decreasing (-76.25%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 118.58 (%).Trend:Increase 169.62% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 60.49 (%).Trend:Decrease 48.99% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 32.45 (%).Trend:Decrease 46.35% than previous quarter

Overall: decreasing (-72.63%). 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 11.47 (%).Trend:Increase 459.51% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 8.27 (%).Trend:Decrease 27.9% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 6.22 (%).Trend:Decrease 24.79% than previous quarter

Overall: decreasing (-45.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.28 (%).Trend:Increase 17.97% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 6.02% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.16 (%).Trend:Decrease 0.92% than previous quarter

Overall: decreasing (-6.88%). 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 4.44 (%).Trend:Increase 51.02% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 7.11 (%).Trend:Increase 60.14% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.53 (%).Trend:Increase 34.04% than previous quarter

Overall: increasing (114.64%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuation in both liabilities and current assets on revenue from Q1-Q3 2021. Liabilities increased substantially in Q1 before declining in subsequent quarters, while current assets showed a similar pattern of sharp growth in Q1 followed by decline.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows significant fluctuation, declining from Q1 to Q3.  The selling, general, and administrative (SG&A) expense ratio displays little fluctuation, with a gradual decrease.  Investment efficiency, as measured by retained earnings on assets, exhibits significant increases across the three quarters.