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 267.46 (%).Trend:Increase 207.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 135.18 (%).Trend:Decrease 49.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 89.12 (%).Trend:Decrease 34.07% than previous quarter

Overall: decreasing (-66.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 352.8 (%).Trend:Increase 120.56% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 185.23 (%).Trend:Decrease 47.5% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 129.15 (%).Trend:Decrease 30.28% than previous quarter

Overall: decreasing (-63.39%). 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 -102.13 (%).Trend:Decrease 3481.79% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -51.42 (%).Trend:Decrease 49.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -25.29 (%).Trend:Decrease 50.82% than previous quarter

Overall: increasing (-75.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -18.38 (%).Trend:Decrease 1503.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -18.41 (%).Trend:Increase 0.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -13.02 (%).Trend:Decrease 29.28% than previous quarter

Overall: increasing (-29.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.61 (USD).Trend:Decrease 50.81% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 113.11% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.07 (USD).Trend:Increase 59.23% than previous quarter

Overall: increasing (239.34%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 reveal substantial volatility in working capital efficiency, cost efficiency, investment efficiency, and earnings per share. Liabilities and current assets on revenue both decreased but with large variations. The ratio of retained earnings to revenue increased significantly, likely due to a large negative value followed by a decrease in the subsequent quarters.  Invest efficiency showed an increasing trend in retained earnings on assets, despite substantial fluctuations. Earning per share displayed a notable increase overall. These significant fluctuations necessitate further investigation to determine underlying causes.