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 97.89 (%).Trend:Increase 167.82% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 47.43 (%).Trend:Decrease 51.55% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 35.16 (%).Trend:Decrease 25.87% than previous quarter

Overall: decreasing (-64.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 229.15 (%).Trend:Increase 170.48% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 123.16 (%).Trend:Decrease 46.25% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 92.75 (%).Trend:Decrease 24.69% than previous quarter

Overall: decreasing (-59.52%). 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 284.93 (%).Trend:Increase 205.33% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 151.32 (%).Trend:Decrease 46.89% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 107.82 (%).Trend:Decrease 28.75% than previous quarter

Overall: decreasing (-62.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.54 (%).Trend:Decrease 15.7% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.38 (%).Trend:Decrease 1.39% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.5 (%).Trend:Increase 1.05% than previous quarter

Overall: decreasing (-0.35%). 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 38.2 (%).Trend:Increase 11.79% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.79 (%).Trend:Increase 6.78% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 42.27 (%).Trend:Increase 3.63% than previous quarter

Overall: increasing (10.65%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.49 (USD).Trend:Decrease 51.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.17 (USD).Trend:Increase 138.78% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.66 (USD).Trend:Increase 41.88% than previous quarter

Overall: increasing (238.78%). Fluctuation: **Significant** (high variation).



The period from Q1 2021 to Q3 2021 exhibits a complex financial picture.  While Liabilities, Current Assets, and Retained Earnings relative to Revenue all declined significantly and erratically, Earnings Per Share showed strong overall growth, suggesting potentially offsetting factors.  SG&A expenses remained relatively flat, while Retained Earnings on Assets consistently improved, pointing to continued investment strength.