Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 1: Liabilities on Revenue 183.13 (%).Trend:Increase 212.08% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 100.56 (%).Trend:Decrease 45.09% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59.26 (%).Trend:Decrease 41.07% than previous quarter

Overall: decreasing (-67.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 297.5 (%).Trend:Increase 170.06% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 150.62 (%).Trend:Decrease 49.37% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 103.6 (%).Trend:Decrease 31.22% than previous quarter

Overall: decreasing (-65.18%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 26.49 (%).Trend:Increase 116.78% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 13.85 (%).Trend:Decrease 47.72% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 9.75 (%).Trend:Decrease 29.6% than previous quarter

Overall: decreasing (-63.19%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 1: Retained Earning on Assets 7.07 (%).Trend:Decrease 20.56% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.35 (%).Trend:Increase 3.96% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.67 (%).Trend:Increase 4.35% than previous quarter

Overall: increasing (8.49%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.35 (USD).Trend:Decrease 105.82% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 102.86% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.44 (USD).Trend:Increase 102.82% than previous quarter

Overall: increasing (311.43%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 show a picture of substantial fluctuation in key financial metrics.  Working capital efficiency declined significantly for both liabilities and current assets on revenue, with major volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, also experienced a substantial decline (63.19%).  Investment efficiency saw a modest increase in retained earnings on assets, with relatively low volatility.  Earnings per share, however, demonstrated significant growth (311.43%), but with pronounced quarter-to-quarter fluctuations.