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 112.19 (%).Trend:Increase 93.06% than previous quarter
Year 2021 Quarter 2: Liabilities on Revenue 70.05 (%).Trend:Decrease 37.56% than previous quarter
Year 2021 Quarter 3: Liabilities on Revenue 59.24 (%).Trend:Decrease 15.43% than previous quarter

Overall: decreasing (-47.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2021 Quarter 1: Current assets on Revenue 190.94 (%).Trend:Increase 111.9% than previous quarter
Year 2021 Quarter 2: Current assets on Revenue 103.74 (%).Trend:Decrease 45.67% than previous quarter
Year 2021 Quarter 3: Current assets on Revenue 82.92 (%).Trend:Decrease 20.07% than previous quarter

Overall: decreasing (-56.57%). 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 27.23 (%).Trend:Increase 225.72% than previous quarter
Year 2021 Quarter 2: Ratio of Retained Earnings to Revenue 15.54 (%).Trend:Decrease 42.93% than previous quarter
Year 2021 Quarter 3: Ratio of Retained Earnings to Revenue 12.83 (%).Trend:Decrease 17.44% than previous quarter

Overall: decreasing (-52.88%). 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 7.75 (%).Trend:Increase 43.52% than previous quarter
Year 2021 Quarter 2: Retained Earning on Assets 8.47 (%).Trend:Increase 9.29% than previous quarter
Year 2021 Quarter 3: Retained Earning on Assets 9.7 (%).Trend:Increase 14.52% than previous quarter

Overall: increasing (25.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2021 Quarter 1: Earning Per Share 0.77 (USD).Trend:Decrease 134.38% than previous quarter
Year 2021 Quarter 2: Earning Per Share 1.83 (USD).Trend:Increase 137.66% than previous quarter
Year 2021 Quarter 3: Earning Per Share 3.08 (USD).Trend:Increase 68.31% than previous quarter

Overall: increasing (300.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2021 to Q3 2021 reveal substantial volatility.  Working capital efficiency exhibits a negative trend in both liabilities and current assets relative to revenue.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a substantial decline.  Investment efficiency, in contrast, displays a more stable upward trend in retained earnings on assets.  Earnings per share demonstrate highly variable performance, escalating significantly from Q1 to Q3.  The dynamic nature of these metrics indicates a period of substantial financial fluctuations.