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 39.51 (%).Trend:Increase 180.21% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 19.66 (%).Trend:Decrease 50.24% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 14.48 (%).Trend:Decrease 26.35% than previous quarter

Overall: decreasing (-63.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 99.41 (%).Trend:Increase 204.56% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 52.97 (%).Trend:Decrease 46.72% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 38.12 (%).Trend:Decrease 28.03% than previous quarter

Overall: decreasing (-61.65%). 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 121.91 (%).Trend:Increase 125.43% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 63.2 (%).Trend:Decrease 48.16% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 42.22 (%).Trend:Decrease 33.2% than previous quarter

Overall: decreasing (-65.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.1 (%).Trend:Decrease 21.99% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.21 (%).Trend:Increase 1.8% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.36 (%).Trend:Increase 2.42% than previous quarter

Overall: increasing (4.26%). 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 54.29 (%).Trend:Decrease 4.87% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 55.61 (%).Trend:Increase 2.43% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 55.32 (%).Trend:Decrease 0.52% than previous quarter

Overall: increasing (1.9%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 1.71 (USD).Trend:Increase 200.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 3.77 (USD).Trend:Increase 120.47% than previous quarter
Year 2021 Quarter 3: Earning Per Share 5.89 (USD).Trend:Increase 56.23% than previous quarter

Overall: increasing (244.44%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2021 to Q3 2021 data reveals significant decreases in liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue, all with high variability. The SG&A expense ratio showed a small increase with low variation.  Retained earnings on assets increased slightly with low variation, while earnings per share exhibited a substantial increase and significant fluctuation.