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 175.27 (%).Trend:Increase 216.31% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 48.89 (%).Trend:Decrease 72.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 47.48 (%).Trend:Decrease 2.88% than previous quarter

Overall: decreasing (-72.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 582.86 (%).Trend:Increase 454.21% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 144.25 (%).Trend:Decrease 75.25% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.87 (%).Trend:Decrease 43.24% than previous quarter

Overall: decreasing (-85.95%). 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 -1677.17 (%).Trend:Increase 415.09% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -490.6 (%).Trend:Decrease 70.75% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -428.65 (%).Trend:Decrease 12.63% than previous quarter

Overall: increasing (-74.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 166.72 (%).Trend:Increase 26.05% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 93.65 (%).Trend:Decrease 43.83% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 104.16 (%).Trend:Increase 11.22% than previous quarter

Overall: decreasing (-37.52%). 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 -227.96 (%).Trend:Decrease 5.56% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -235.01 (%).Trend:Increase 3.09% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -328.99 (%).Trend:Increase 39.99% than previous quarter

Overall: decreasing (44.32%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q1-Q3 2020, we observe significant volatility in key financial metrics.  Liabilities and current assets on revenue decreased dramatically.  The ratio of retained earnings to revenue increased, although with significant fluctuation.  SG&A expenses decreased overall but showed substantial variation. Retained earnings on assets also decreased.