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 86.0 (%).Trend:Increase 136.52% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 52.37 (%).Trend:Decrease 39.1% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 40.17 (%).Trend:Decrease 23.3% than previous quarter

Overall: decreasing (-53.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 135.7 (%).Trend:Increase 137.15% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 70.95 (%).Trend:Decrease 47.72% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 51.37 (%).Trend:Decrease 27.6% than previous quarter

Overall: decreasing (-62.14%). 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 84.95 (%).Trend:Increase 171.84% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 45.52 (%).Trend:Decrease 46.42% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 32.64 (%).Trend:Decrease 28.3% than previous quarter

Overall: decreasing (-61.58%). Fluctuation: **Significant** (high variation).

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

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 22.42 (%).Trend:Increase 14.45% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 22.22 (%).Trend:Decrease 0.89% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 22.67 (%).Trend:Increase 2.03% than previous quarter

Overall: increasing (1.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 45.93% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.52 (USD).Trend:Increase 108.22% than previous quarter
Year 2021 Quarter 3: Earning Per Share 2.23 (USD).Trend:Increase 46.71% than previous quarter

Overall: increasing (205.48%). Fluctuation: **Significant** (high variation).



Finance statements from Q1 2021 to Q3 2021 show a pattern of decline in working capital and cost efficiency metrics. Liabilities and current assets on revenue decreased over the three quarters.  The ratio of retained earnings to revenue also showed a substantial decline.  However, investment efficiency, as measured by retained earnings on assets, demonstrates a relatively stable increase.  Earnings per share (EPS) demonstrate a significant increase over the three quarters.