Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 1: Liabilities on Revenue 57.51 (%).Trend:Increase 174.64% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 29.16 (%).Trend:Decrease 49.3% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 17.88 (%).Trend:Decrease 38.68% than previous quarter

Overall: decreasing (-68.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 128.85 (%).Trend:Increase 205.33% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 57.81 (%).Trend:Decrease 55.13% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 42.69 (%).Trend:Decrease 26.15% than previous quarter

Overall: decreasing (-66.87%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 387.02 (%).Trend:Increase 241.32% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 199.74 (%).Trend:Decrease 48.39% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 137.93 (%).Trend:Decrease 30.95% than previous quarter

Overall: decreasing (-64.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 1: Retained Earning on Assets 25.73 (%).Trend:Increase 10.43% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 27.15 (%).Trend:Increase 5.52% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 28.06 (%).Trend:Increase 3.35% than previous quarter

Overall: increasing (9.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.87 (USD).Trend:Decrease 57.97% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.76 (USD).Trend:Increase 102.3% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.57 (USD).Trend:Increase 46.02% than previous quarter

Overall: increasing (195.4%). Fluctuation: **Significant** (high variation).



Analysis covers Q1 2020-Q3 2021.  Key findings reveal significant decreases in Liabilities on Revenue (-68.91%), Current assets on Revenue (-66.87%), and Ratio of Retained Earnings to Revenue (-64.36%), all with high fluctuation. Conversely, Retained Earning on Assets showed a small increase (9.06%) and low variation.  Earnings Per Share saw a substantial increase (195.4%) with high variation.