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 196.33 (%).Trend:Increase 352.48% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 173.39 (%).Trend:Decrease 11.68% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 114.7 (%).Trend:Decrease 33.85% than previous quarter

Overall: decreasing (-41.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 192.87 (%).Trend:Increase 364.75% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 189.23 (%).Trend:Decrease 1.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 140.43 (%).Trend:Decrease 25.79% than previous quarter

Overall: decreasing (-27.19%). Fluctuation: **Neutral** (moderate 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 307.88 (%).Trend:Increase 235.45% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 216.7 (%).Trend:Decrease 29.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 154.2 (%).Trend:Decrease 28.84% than previous quarter

Overall: decreasing (-49.92%). 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 36.55 (%).Trend:Decrease 10.83% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 32.8 (%).Trend:Decrease 10.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 32.41 (%).Trend:Decrease 1.19% than previous quarter

Overall: decreasing (-11.33%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -2.08 (USD).Trend:Decrease 119.72% than previous quarter
Year 2020 Quarter 2: Earning Per Share -7.93 (USD).Trend:Increase 281.25% than previous quarter
Year 2020 Quarter 3: Earning Per Share -9.75 (USD).Trend:Increase 22.95% than previous quarter

Overall: decreasing (368.75%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 reveal considerable volatility in various financial metrics. Working capital efficiency, measured by liabilities and current assets on revenue, exhibits decreasing trends, though with different magnitudes of fluctuation.  Cost efficiency, as shown by the retained earnings to revenue ratio, reveals a significant decrease, indicating operational difficulties.  Investment efficiency demonstrates a consistent, small decrease in retained earnings on assets, suggesting a stable but challenging period. Earnings per share are highly variable and show a substantial overall decrease.