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 31.46 (%).Trend:Increase 126.66% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 17.81 (%).Trend:Decrease 43.39% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 14.7 (%).Trend:Decrease 17.46% than previous quarter

Overall: decreasing (-53.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 283.4 (%).Trend:Increase 145.03% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 150.81 (%).Trend:Decrease 46.79% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 110.23 (%).Trend:Decrease 26.91% than previous quarter

Overall: decreasing (-61.1%). 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 316.61 (%).Trend:Increase 141.93% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 160.55 (%).Trend:Decrease 49.29% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 110.12 (%).Trend:Decrease 31.41% than previous quarter

Overall: decreasing (-65.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.53 (%).Trend:Decrease 21.54% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.92 (%).Trend:Increase 2.68% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.51 (%).Trend:Increase 3.95% than previous quarter

Overall: increasing (6.74%). 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 61.88 (%).Trend:Increase 1.78% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 61.67 (%).Trend:Decrease 0.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 61.11 (%).Trend:Decrease 0.91% than previous quarter

Overall: decreasing (-1.24%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements show significant fluctuations in working capital and cost efficiency metrics. Liabilities on revenue and current assets on revenue decreased significantly but showed sizable quarter-to-quarter variations. The ratio of retained earnings to revenue also decreased dramatically. The selling, general, and administrative (SG&A) expense ratio, however, slightly increased.  Investment efficiency demonstrates a small overall decrease in retained earnings on assets with minimal fluctuations.