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 123.31 (%).Trend:Increase 363.4% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 25.26 (%).Trend:Decrease 79.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.42 (%).Trend:Increase 4.59% than previous quarter

Overall: decreasing (-78.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 177.46 (%).Trend:Increase 252.73% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 55.28 (%).Trend:Decrease 68.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.72 (%).Trend:Decrease 19.1% than previous quarter

Overall: decreasing (-74.8%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.13 (%).Trend:Increase 15.56% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.44 (%).Trend:Decrease 23.7% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.41 (%).Trend:Decrease 0.55% than previous quarter

Overall: decreasing (-24.12%). Fluctuation: **Neutral** (moderate variation).


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

Retained Earning on Assets
Earning Per Share


Financial statement analysis for Q1-Q3 2020 shows significant fluctuations in working capital efficiency. Liabilities on revenue decreased overall from a high in Q1 to lower levels in Q2 and Q3. Current assets on revenue also decreased overall.  Cost efficiency, based on SG&A expense ratio, shows a negative trend with a decrease of -24.12%. The moderate variation in the SG&A expense ratio suggests relative stability in this cost category. Further data is needed to assess investment and earnings efficiency.