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 98.19 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 61.44 (%).Trend:Decrease 37.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 44.36 (%).Trend:Decrease 27.8% than previous quarter

Overall: decreasing (-54.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 56.12 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 72.11 (%).Trend:Increase 28.49% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 54.09 (%).Trend:Decrease 24.99% than previous quarter

Overall: decreasing (-3.62%). 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 79.84 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 50.57 (%).Trend:Decrease 36.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 34.97 (%).Trend:Decrease 30.85% than previous quarter

Overall: decreasing (-56.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.33 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.33 (%).Trend:Increase 17.65% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.05 (%).Trend:Increase 5.4% than previous quarter

Overall: increasing (24.01%). 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
Year 2020 Quarter 1: Retained Earning on Assets 12.06 (%).Trend:Increase 18.93% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 11.2 (%).Trend:Decrease 7.13% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 10.83 (%).Trend:Decrease 3.3% than previous quarter

Overall: decreasing (-10.2%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data for Q1 to Q3 2020 reveals significant quarterly fluctuations. Liabilities on revenue exhibit a substantial decline. Current assets on revenue also show a decrease, though less drastic. Cost efficiency, measured by retained earnings to revenue, shows a significant decline with high variability. Selling, General & Administrative (SG&A) expense ratio shows a moderate increase, with fluctuating patterns. Investment efficiency, with retained earnings on assets, shows a slight overall decrease.