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 52.8 (%).Trend:Increase 188.37% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 28.81 (%).Trend:Decrease 45.44% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 18.37 (%).Trend:Decrease 36.24% than previous quarter

Overall: decreasing (-65.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 461.33 (%).Trend:Increase 439.19% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 231.85 (%).Trend:Decrease 49.74% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 157.27 (%).Trend:Decrease 32.17% than previous quarter

Overall: decreasing (-65.91%). 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 47.19 (%).Trend:Increase 321.72% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 26.61 (%).Trend:Decrease 43.61% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 19.81 (%).Trend:Decrease 25.55% than previous quarter

Overall: decreasing (-58.02%). 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 7.3 (%).Trend:Increase 0.69% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.31 (%).Trend:Increase 13.84% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.28 (%).Trend:Increase 11.67% than previous quarter

Overall: increasing (27.12%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.3 (USD).Trend:Decrease 76.38% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.6 (USD).Trend:Increase 100.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.87 (USD).Trend:Increase 45.0% than previous quarter

Overall: increasing (190.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2021 to Q3 2021 reveal significant fluctuations in financial performance. Liabilities and current assets on revenue show considerable decreases, but with high variability. Cost efficiency, measured by the ratio of retained earnings to revenue, also exhibits significant fluctuations.  Investment efficiency shows a modest increase with only moderate fluctuations. Earnings per share show an overall increase but with substantial quarterly fluctuations.