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 98.65 (%).Trend:Increase 185.53% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 38.36 (%).Trend:Decrease 61.12% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 26.42 (%).Trend:Decrease 31.13% than previous quarter

Overall: decreasing (-73.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 75.7 (%).Trend:Increase 148.44% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 40.34 (%).Trend:Decrease 46.71% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 32.13 (%).Trend:Decrease 20.35% than previous quarter

Overall: decreasing (-57.56%). 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 785.47 (%).Trend:Increase 219.01% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 405.84 (%).Trend:Decrease 48.33% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 283.66 (%).Trend:Decrease 30.11% than previous quarter

Overall: decreasing (-63.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.2 (%).Trend:Increase 3.84% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.21 (%).Trend:Increase 0.05% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.06 (%).Trend:Decrease 0.68% than previous quarter

Overall: decreasing (-0.63%). 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 181.44 (%).Trend:Increase 5.01% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 181.86 (%).Trend:Increase 0.23% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 181.01 (%).Trend:Decrease 0.47% than previous quarter

Overall: decreasing (-0.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share -0.26 (USD).Trend:Decrease 128.26% than previous quarter
Year 2021 Quarter 2: Earning Per Share -0.14 (USD).Trend:Decrease 46.15% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.53 (USD).Trend:Decrease 478.57% than previous quarter

Overall: increasing (-303.85%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2021 to Q3 2021 reveals substantial decreases in key working capital efficiency metrics: Liabilities on Revenue (-73.22%) and Current Assets on Revenue (-57.56%).  Cost efficiency also declined significantly, with the Ratio of Retained Earnings to Revenue falling by -63.89%.  However, SG&A Expense Ratio and Retained Earning on Assets showed minor decreases.  Earning Per Share exhibited a dramatic overall increase (-303.85%), indicating substantial fluctuation.