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 59.27 (%).Trend:Increase 184.54% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 32.15 (%).Trend:Decrease 45.76% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 21.99 (%).Trend:Decrease 31.6% than previous quarter

Overall: decreasing (-62.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 238.69 (%).Trend:Increase 314.39% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 123.0 (%).Trend:Decrease 48.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 76.81 (%).Trend:Decrease 37.55% than previous quarter

Overall: decreasing (-67.82%). 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 173.17 (%).Trend:Increase 189.82% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 87.48 (%).Trend:Decrease 49.48% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 53.11 (%).Trend:Decrease 39.29% than previous quarter

Overall: decreasing (-69.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.52 (%).Trend:Decrease 8.68% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.19 (%).Trend:Decrease 5.06% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.26 (%).Trend:Increase 1.13% than previous quarter

Overall: decreasing (-3.99%). 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 40.89 (%).Trend:Decrease 13.24% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 40.84 (%).Trend:Decrease 0.12% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 38.78 (%).Trend:Decrease 5.04% than previous quarter

Overall: decreasing (-5.16%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 to Q3 2021 demonstrate significant fluctuations in working capital efficiency. Liabilities on revenue increased significantly in Q1 2021, then fell in Q2 and Q3 2021, resulting in a decrease overall (-62.9%). Current assets show a similar trend, increasing drastically in Q1 2021 before falling in Q2 and Q3 2021, leading to a decrease overall (-67.82%). Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows significant fluctuation, decreasing overall (-69.33%). The selling, general, and administrative (SG&A) expense ratio demonstrates a slight decrease (-3.99%) with minimal fluctuation. Investment efficiency shows a small decrease overall (-5.16%) in retained earnings on assets with minimal fluctuation.