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 73.85 (%).Trend:Increase 185.25% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 33.36 (%).Trend:Decrease 54.83% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.13 (%).Trend:Decrease 21.67% than previous quarter

Overall: decreasing (-64.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 362.51 (%).Trend:Increase 170.57% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 173.44 (%).Trend:Decrease 52.16% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 122.17 (%).Trend:Decrease 29.56% than previous quarter

Overall: decreasing (-66.3%). 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 123.87 (%).Trend:Increase 170.81% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 62.32 (%).Trend:Decrease 49.69% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 43.75 (%).Trend:Decrease 29.8% than previous quarter

Overall: decreasing (-64.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.22 (%).Trend:Increase 6.09% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.84 (%).Trend:Decrease 1.88% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.94 (%).Trend:Decrease 4.54% than previous quarter

Overall: decreasing (-6.33%). 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 24.09 (%).Trend:Increase 0.04% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 24.86 (%).Trend:Increase 3.2% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 25.48 (%).Trend:Increase 2.49% than previous quarter

Overall: increasing (5.77%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 63.24% than previous quarter
Year 2021 Quarter 2: Earning Per Share 2.2 (USD).Trend:Increase 120.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.7 (USD).Trend:Increase 68.18% than previous quarter

Overall: increasing (270.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency displays concerning negative trends. Liabilities and current assets as percentages of revenue declined over the quarters. Cost efficiency shows continued significant fluctuations in the retained earnings to revenue ratio. SG&A expense is stable but decreasing slightly. Investment efficiency remained consistent, with modest increases in retained earnings on assets. Earnings per share experienced high volatility. The combined data suggests considerable short-term financial volatility.