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 179.07 (%).Trend:Increase 204.75% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 85.35 (%).Trend:Decrease 52.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60.05 (%).Trend:Decrease 29.64% than previous quarter

Overall: decreasing (-66.47%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 243.6 (%).Trend:Increase 217.6% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 123.01 (%).Trend:Decrease 49.5% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 83.16 (%).Trend:Decrease 32.4% than previous quarter

Overall: decreasing (-65.86%). 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 140.81 (%).Trend:Increase 190.57% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 76.39 (%).Trend:Decrease 45.75% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 52.99 (%).Trend:Decrease 30.63% than previous quarter

Overall: decreasing (-62.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 40.56 (%).Trend:Increase 11.03% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.09 (%).Trend:Decrease 8.56% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36.17 (%).Trend:Decrease 2.48% than previous quarter

Overall: decreasing (-10.82%). Fluctuation: **Little** (low 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 31.47 (%).Trend:Decrease 5.04% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 33.29 (%).Trend:Increase 5.78% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.26 (%).Trend:Increase 2.91% than previous quarter

Overall: increasing (8.87%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.63 (USD).Trend:Decrease 88.5% than previous quarter
Year 2020 Quarter 2: Earning Per Share 3.38 (USD).Trend:Increase 436.51% than previous quarter
Year 2020 Quarter 3: Earning Per Share 5.51 (USD).Trend:Increase 63.02% than previous quarter

Overall: increasing (774.6%). Fluctuation: **Significant** (high variation).



The financial data from Q1 2020 to Q3 2020 shows significant decreases in liabilities on revenue (-66.47%), current assets on revenue (-65.86%), and the ratio of retained earnings to revenue (-62.37%), all marked by high fluctuation.  In contrast, the SG&A expense ratio showed a smaller decrease (-10.82%), indicating relatively stable administrative costs. Retained earnings on assets saw a modest increase (8.87%) with low fluctuation, while earnings per share increased substantially (774.6%) demonstrating high variability.