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 56.31 (%).Trend:Increase 150.6% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 34.14 (%).Trend:Decrease 39.37% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 23.99 (%).Trend:Decrease 29.73% than previous quarter

Overall: decreasing (-57.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 119.74 (%).Trend:Increase 143.47% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 62.9 (%).Trend:Decrease 47.47% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 59.1 (%).Trend:Decrease 6.04% than previous quarter

Overall: decreasing (-50.64%). 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 85.68 (%).Trend:Increase 247.87% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 42.88 (%).Trend:Decrease 49.95% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 26.59 (%).Trend:Decrease 37.99% than previous quarter

Overall: decreasing (-68.97%). 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 27.07 (%).Trend:Increase 12.42% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 25.77 (%).Trend:Decrease 4.8% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 21.89 (%).Trend:Decrease 15.06% than previous quarter

Overall: decreasing (-19.14%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 65.91% than previous quarter
Year 2021 Quarter 2: Earning Per Share 0.06 (USD).Trend:Decrease 60.0% than previous quarter
Year 2021 Quarter 3: Earning Per Share 0.24 (USD).Trend:Increase 300.0% than previous quarter

Overall: increasing (60.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2021 indicate significant fluctuations in key financial metrics. Liabilities on revenue decreased overall but with high variability. Current assets on revenue also decreased. Cost efficiency, as shown by the retained earnings-to-revenue ratio, declined significantly. Investment efficiency displays a negative overall trend, although variation is relatively moderate. Earning per share fluctuated greatly, ultimately showing an overall increase.