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 92.64 (%).Trend:Increase 168.68% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 48.34 (%).Trend:Decrease 47.82% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 32.03 (%).Trend:Decrease 33.74% than previous quarter

Overall: decreasing (-65.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 165.05 (%).Trend:Increase 249.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 82.18 (%).Trend:Decrease 50.21% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 49.21 (%).Trend:Decrease 40.12% than previous quarter

Overall: decreasing (-70.18%). 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 55.38 (%).Trend:Increase 214.48% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 28.51 (%).Trend:Decrease 48.52% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 20.37 (%).Trend:Decrease 28.55% than previous quarter

Overall: decreasing (-63.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.54 (%).Trend:Decrease 4.41% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.32 (%).Trend:Increase 4.45% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.46 (%).Trend:Increase 0.76% than previous quarter

Overall: increasing (5.25%). 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 6.91 (%).Trend:Increase 7.63% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 7.3 (%).Trend:Increase 5.64% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 7.83 (%).Trend:Increase 7.26% than previous quarter

Overall: increasing (13.31%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.26 (USD).Trend:Decrease 43.5% than previous quarter
Year 2021 Quarter 2: Earning Per Share 4.29 (USD).Trend:Increase 89.82% than previous quarter
Year 2021 Quarter 3: Earning Per Share 6.7 (USD).Trend:Increase 56.18% than previous quarter

Overall: increasing (196.46%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2021 show mixed performance trends. Liabilities and current assets on revenue demonstrate substantial decreases, indicating potential management challenges in controlling short-term assets. The ratio of retained earnings to revenue also reveals a noteworthy decline over the three-quarter period.  However, the SG&A expense ratio shows steady growth, while retained earnings on assets and earnings per share show consistent increases, albeit with significant variations.  Overall, the data shows a combination of concerns regarding working capital and potential profitability, alongside positive developments in other key metrics.