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 59.27 (%).Trend:Increase 184.54% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.15 (%).Trend:Decrease 45.76% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.99 (%).Trend:Decrease 31.6% than previous quarter

Overall: decreasing (-62.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 238.69 (%).Trend:Increase 314.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 123.0 (%).Trend:Decrease 48.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.81 (%).Trend:Decrease 37.55% than previous quarter

Overall: decreasing (-67.82%). 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 173.17 (%).Trend:Increase 189.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 87.48 (%).Trend:Decrease 49.48% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53.11 (%).Trend:Decrease 39.29% than previous quarter

Overall: decreasing (-69.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.52 (%).Trend:Decrease 8.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.19 (%).Trend:Decrease 5.06% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.26 (%).Trend:Increase 1.13% than previous quarter

Overall: decreasing (-3.99%). 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 40.89 (%).Trend:Decrease 13.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.84 (%).Trend:Decrease 0.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 38.78 (%).Trend:Decrease 5.04% than previous quarter

Overall: decreasing (-5.16%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2021 to Q3 2021 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased by 62.9% but with substantial quarter-to-quarter variations.  Current assets on revenue also decreased by 67.82%, exhibiting similarly high volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also saw a significant decrease (-69.33%) and high variation.  Conversely, SG&A expense ratio decreased more steadily (-3.99%) with little variation.  Investment efficiency, as measured by retained earnings on assets, showed a small overall decrease (-5.16%) with minimal fluctuation.