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 147.49 (%).Trend:Increase 247.44% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 78.92 (%).Trend:Decrease 46.49% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 53.07 (%).Trend:Decrease 32.75% than previous quarter

Overall: decreasing (-64.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 206.02 (%).Trend:Increase 191.57% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 113.85 (%).Trend:Decrease 44.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 76.45 (%).Trend:Decrease 32.85% than previous quarter

Overall: decreasing (-62.89%). 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 41.1 (%).Trend:Increase 175.1% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 23.18 (%).Trend:Decrease 43.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 14.44 (%).Trend:Decrease 37.7% than previous quarter

Overall: decreasing (-64.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.35 (%).Trend:Increase 26.18% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.01 (%).Trend:Decrease 0.69% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.59 (%).Trend:Decrease 6.98% than previous quarter

Overall: decreasing (-7.62%). 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 5.37 (%).Trend:Decrease 10.8% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 5.38 (%).Trend:Increase 0.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 5.14 (%).Trend:Decrease 4.46% than previous quarter

Overall: decreasing (-4.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 87.9% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.34 (USD).Trend:Increase 126.67% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 55.88% than previous quarter

Overall: increasing (253.33%). Fluctuation: **Significant** (high variation).



Financial statements from 2020 Q1-Q3 reveal substantial fluctuations in working capital, cost, and earnings. Liabilities and current assets on revenue declined significantly, potentially affecting liquidity. Cost efficiency, measured by retained earnings to revenue, also saw a significant overall decrease. Invest efficiency showed a smaller, more stable trend. Earnings per share experienced significant volatility, with a notable overall increase. SG&A expense ratio showed a slight decrease.