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 58.7 (%).Trend:Increase 163.58% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 34.78 (%).Trend:Decrease 40.75% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.82 (%).Trend:Decrease 31.51% than previous quarter

Overall: decreasing (-59.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 207.13 (%).Trend:Increase 224.71% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 111.25 (%).Trend:Decrease 46.29% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 78.0 (%).Trend:Decrease 29.89% than previous quarter

Overall: decreasing (-62.34%). 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 181.63 (%).Trend:Increase 251.79% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 99.05 (%).Trend:Decrease 45.47% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 71.41 (%).Trend:Decrease 27.91% than previous quarter

Overall: decreasing (-60.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.37 (%).Trend:Decrease 12.16% than previous quarter
Year 2021 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.41 (%).Trend:Increase 0.2% than previous quarter
Year 2021 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.99 (%).Trend:Decrease 2.06% than previous quarter

Overall: decreasing (-1.87%). 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 33.58 (%).Trend:Increase 14.06% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 35.71 (%).Trend:Increase 6.34% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 37.97 (%).Trend:Increase 6.33% than previous quarter

Overall: increasing (13.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 2.66 (USD).Trend:Decrease 64.49% than previous quarter
Year 2021 Quarter 2: Earning Per Share 5.21 (USD).Trend:Increase 95.86% than previous quarter
Year 2021 Quarter 3: Earning Per Share 7.87 (USD).Trend:Increase 51.06% than previous quarter

Overall: increasing (195.86%). Fluctuation: **Significant** (high variation).



Financial performance in Q1 to Q3 2021 indicates substantial volatility.  Working capital efficiency reveals decreasing liabilities and current assets with high variation. Cost efficiency shows a decreasing retained earnings to revenue ratio, with significant quarter-to-quarter changes, but a stable SG&A ratio.  Investment efficiency maintains a stable increase in retained earnings on assets. Earnings per share show a substantial decline then a considerable increase, characterized by high variation.