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 47643.7 (%).Trend:Decrease 99.99% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 47772.27 (%).Trend:Increase 0.27% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 48754.62 (%).Trend:Increase 2.06% than previous quarter

Overall: increasing (2.33%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 199717.65 (%).Trend:Decrease 98.37% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 174639.5 (%).Trend:Decrease 12.56% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 331874.37 (%).Trend:Increase 90.03% than previous quarter

Overall: increasing (66.17%). 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 -76305.46 (%).Trend:Decrease 100.02% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -102573.53 (%).Trend:Increase 34.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -134905.46 (%).Trend:Increase 31.52% than previous quarter

Overall: decreasing (76.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11241.6 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22185.71 (%).Trend:Increase 97.35% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35184.03 (%).Trend:Increase 58.59% than previous quarter

Overall: increasing (212.98%). Fluctuation: **Significant** (high variation).


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 -33.14 (%).Trend:Decrease 4578.38% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -49.72 (%).Trend:Increase 50.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -37.07 (%).Trend:Decrease 25.44% than previous quarter

Overall: decreasing (11.86%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 to Q3 2020 reveal high volatility. Liabilities on revenue show a slight upward trend, while current assets on revenue experience a significant increase, though with a substantial decrease between Q1 and Q2 2020. Cost efficiency, as measured by the retained earnings-to-revenue ratio, shows a dramatic downward trend. Selling, general, and administrative (SG&A) expense ratio increased substantially across the three quarters. Investment efficiency, measured by retained earnings on assets, consistently decreased with large variations.  The data necessitates further investigation into the underlying causes of these fluctuations.