Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 302.13 (%).Trend:Increase 211.99% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 219.57 (%).Trend:Decrease 27.33% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 142.4 (%).Trend:Decrease 35.15% than previous quarter

Overall: decreasing (-52.87%). 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 -421.67 (%).Trend:Increase 213.98% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -210.11 (%).Trend:Decrease 50.17% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -131.26 (%).Trend:Decrease 37.53% than previous quarter

Overall: increasing (-68.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.66 (%).Trend:Increase 12.59% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.9 (%).Trend:Increase 1.16% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.8 (%).Trend:Decrease 5.26% than previous quarter

Overall: decreasing (-4.16%). 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 -60.19 (%).Trend:Decrease 0.81% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -50.23 (%).Trend:Decrease 16.55% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -48.23 (%).Trend:Decrease 3.98% than previous quarter

Overall: increasing (-19.87%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q1-Q3 2020 indicates significant volatility.  Current assets on revenue and the ratio of retained earnings to revenue show substantial decreases and increases, respectively, reflecting issues with working capital and cost efficiency.  While the SG&A expense ratio reveals a modest decrease, the lack of detailed context makes it difficult to draw definitive conclusions.  Retained earnings on assets also demonstrates an overall decline but with a high degree of variability. No earnings per share data.