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 292.77 (%).Trend:Increase 237.76% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 166.05 (%).Trend:Decrease 43.28% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 118.59 (%).Trend:Decrease 28.58% than previous quarter

Overall: decreasing (-59.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 655.25 (%).Trend:Increase 189.04% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 337.47 (%).Trend:Decrease 48.5% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 229.24 (%).Trend:Decrease 32.07% than previous quarter

Overall: decreasing (-65.01%). 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 90.91 (%).Trend:Increase 292.02% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 47.47 (%).Trend:Decrease 47.78% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 34.31 (%).Trend:Decrease 27.72% than previous quarter

Overall: decreasing (-62.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 10.69 (%).Trend:Increase 23.16% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 11.06 (%).Trend:Increase 3.46% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 12.03 (%).Trend:Increase 8.77% than previous quarter

Overall: increasing (12.54%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.29 (USD).Trend:Decrease 49.12% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 117.24% than previous quarter
Year 2021 Quarter 3: Earning Per Share 1.16 (USD).Trend:Increase 84.13% than previous quarter

Overall: increasing (300.0%). Fluctuation: **Significant** (high variation).



Review of Q1 2021 – Q3 2021 data shows significant decreases in liabilities on revenue (-59.49%), current assets on revenue (-65.01%), and ratio of retained earnings to revenue (-62.26%), despite high quarter-to-quarter fluctuations.  Retained earnings on assets show a smaller increase (12.54%) with low fluctuation.  Earnings per share, however, increased significantly (300%). Data accuracy is paramount, removing invalid and outlier data.