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 187.89 (%).Trend:Increase 198.33% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 97.27 (%).Trend:Decrease 48.23% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 70.3 (%).Trend:Decrease 27.73% than previous quarter

Overall: decreasing (-62.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 528.88 (%).Trend:Increase 257.91% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 367.62 (%).Trend:Decrease 30.49% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 328.76 (%).Trend:Decrease 10.57% than previous quarter

Overall: decreasing (-37.84%). 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 -781.71 (%).Trend:Increase 157.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -440.26 (%).Trend:Decrease 43.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -306.11 (%).Trend:Decrease 30.47% than previous quarter

Overall: increasing (-60.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 69.86 (%).Trend:Increase 3.7% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 74.17 (%).Trend:Increase 6.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 75.21 (%).Trend:Increase 1.4% than previous quarter

Overall: increasing (7.66%). 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 -131.55 (%).Trend:Decrease 24.66% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -109.86 (%).Trend:Decrease 16.49% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -87.32 (%).Trend:Decrease 20.52% than previous quarter

Overall: increasing (-33.62%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2020 financial data reveals significant fluctuations in several key metrics. Liabilities on revenue showed a substantial overall decrease (-62.58%), while current assets decreased less dramatically (-37.84%).  Cost efficiency metrics were mixed, with retained earnings to revenue increasing significantly (-60.84%), but SG&A expenses rising modestly (7.66%). Investment efficiency, as measured by retained earnings on assets, improved (-33.62%), although fluctuation was high.