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 107.62 (%).Trend:Increase 81.55% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 53.28 (%).Trend:Decrease 50.49% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 28.94 (%).Trend:Decrease 45.68% than previous quarter

Overall: decreasing (-73.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 206.34 (%).Trend:Increase 202.64% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 101.63 (%).Trend:Decrease 50.75% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 69.55 (%).Trend:Decrease 31.57% than previous quarter

Overall: decreasing (-66.29%). 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 463.57 (%).Trend:Increase 180.76% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 220.15 (%).Trend:Decrease 52.51% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 147.35 (%).Trend:Decrease 33.07% than previous quarter

Overall: decreasing (-68.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.62 (%).Trend:Decrease 10.25% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.46 (%).Trend:Decrease 2.1% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.39 (%).Trend:Decrease 0.94% than previous quarter

Overall: decreasing (-3.02%). 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 77.49 (%).Trend:Increase 12.81% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 78.4 (%).Trend:Increase 1.17% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 79.66 (%).Trend:Increase 1.61% than previous quarter

Overall: increasing (2.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.84 (USD).Trend:Decrease 29.0% than previous quarter
Year 2021 Quarter 2: Earning Per Share 7.62 (USD).Trend:Increase 168.31% than previous quarter
Year 2021 Quarter 3: Earning Per Share 12.19 (USD).Trend:Increase 59.97% than previous quarter

Overall: increasing (329.23%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 reveal significant fluctuation across key metrics. Working capital efficiency shows a decrease in both liabilities and current assets on revenue. Cost efficiency demonstrates a steady decline in SG&A expense ratio but significant fluctuations in the ratio of retained earnings to revenue. Investment efficiency shows a slight upward trend in retained earnings on assets. Earnings per share show high volatility, increasing significantly from Q1 to Q3 2021.