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 46.73 (%).Trend:Increase 224.74% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 18.65 (%).Trend:Decrease 60.09% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 12.75 (%).Trend:Decrease 31.64% than previous quarter

Overall: decreasing (-72.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 180.27 (%).Trend:Increase 303.02% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 74.13 (%).Trend:Decrease 58.88% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 41.31 (%).Trend:Decrease 44.27% than previous quarter

Overall: decreasing (-77.08%). 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 246.78 (%).Trend:Increase 214.17% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 131.74 (%).Trend:Decrease 46.62% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 96.42 (%).Trend:Decrease 26.81% than previous quarter

Overall: decreasing (-60.93%). 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 35.03 (%).Trend:Decrease 16.32% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.13 (%).Trend:Increase 14.56% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 45.27 (%).Trend:Increase 12.81% than previous quarter

Overall: increasing (29.23%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.6 (USD).Trend:Increase 65.0% than previous quarter

Overall: increasing (230.0%). Fluctuation: **Significant** (high variation).



The financial statements from Q1 to Q3 2021 illustrate significant volatility in key financial metrics.  Working capital efficiency, as measured by liabilities and current assets on revenue, shows substantial downward trends with high variation. Cost efficiency, determined by the retained earnings-to-revenue ratio, also exhibits a decreasing trend with substantial quarter-to-quarter fluctuations.  Retained earnings on assets demonstrate a positive trend, but with moderate fluctuations.  Finally, earnings per share saw a dramatic rise throughout the period.