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 79.77 (%).Trend:Increase 238.44% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 37.72 (%).Trend:Decrease 52.71% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 25.19 (%).Trend:Decrease 33.22% than previous quarter

Overall: decreasing (-68.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 531.34 (%).Trend:Increase 212.41% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 280.75 (%).Trend:Decrease 47.16% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 187.82 (%).Trend:Decrease 33.1% than previous quarter

Overall: decreasing (-64.65%). 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 1020.18 (%).Trend:Increase 199.59% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 489.35 (%).Trend:Decrease 52.03% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 330.85 (%).Trend:Decrease 32.39% than previous quarter

Overall: decreasing (-67.57%). 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 83.33 (%).Trend:Decrease 1.72% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 83.39 (%).Trend:Increase 0.07% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 83.24 (%).Trend:Decrease 0.18% than previous quarter

Overall: decreasing (-0.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.63 (USD).Trend:Decrease 93.32% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.49 (USD).Trend:Increase 612.7% than previous quarter
Year 2021 Quarter 3: Earning Per Share 8.12 (USD).Trend:Increase 80.85% than previous quarter

Overall: increasing (1188.89%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2021 reveals significant volatility.  Working capital efficiency (liabilities and current assets on revenue) displays substantial fluctuations, with a negative overall trend. Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a consistent downward trend and large fluctuations.  Earning per share, however, increased substantially across the three quarters. Investment efficiency is relatively stable.