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 165.29 (%).Trend:Increase 233.78% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 104.24 (%).Trend:Decrease 36.94% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 68.51 (%).Trend:Decrease 34.28% than previous quarter

Overall: decreasing (-58.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 286.14 (%).Trend:Increase 233.92% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 127.23 (%).Trend:Decrease 55.54% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 89.97 (%).Trend:Decrease 29.29% than previous quarter

Overall: decreasing (-68.56%). 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 355.39 (%).Trend:Increase 1403.98% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 212.28 (%).Trend:Decrease 40.27% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 125.61 (%).Trend:Decrease 40.83% than previous quarter

Overall: decreasing (-64.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 51.35 (%).Trend:Increase 13.83% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 59.77 (%).Trend:Increase 16.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 52.06 (%).Trend:Decrease 12.9% than previous quarter

Overall: increasing (1.38%). 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 49.39 (%).Trend:Increase 179.67% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 47.63 (%).Trend:Decrease 3.56% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 46.59 (%).Trend:Decrease 2.18% than previous quarter

Overall: decreasing (-5.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 19.32 (USD).Trend:Increase 379.4% than previous quarter
Year 2020 Quarter 2: Earning Per Share 18.78 (USD).Trend:Decrease 2.8% than previous quarter
Year 2020 Quarter 3: Earning Per Share 20.54 (USD).Trend:Increase 9.37% than previous quarter

Overall: increasing (6.31%). Fluctuation: **Little** (low variation).



Analysis of Q1-Q3 2020 financial data reveals significant fluctuations in working capital efficiency and cost efficiency metrics. Liabilities on revenue, current assets on revenue, and retained earnings to revenue ratios all decreased substantially.  Conversely, the SG&A expense ratio showed a small overall increase, while earnings per share increased moderately. Investment efficiency metrics showed minor changes.