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 92.24 (%).Trend:Increase 216.54% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 47.08 (%).Trend:Decrease 48.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 31.83 (%).Trend:Decrease 32.39% than previous quarter

Overall: decreasing (-65.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 171.08 (%).Trend:Increase 285.06% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 69.8 (%).Trend:Decrease 59.2% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.02 (%).Trend:Decrease 36.93% than previous quarter

Overall: decreasing (-74.27%). 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 44.5 (%).Trend:Increase 224.11% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 24.24 (%).Trend:Decrease 45.53% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 17.88 (%).Trend:Decrease 26.24% than previous quarter

Overall: decreasing (-59.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.78 (%).Trend:Increase 11.27% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.1 (%).Trend:Decrease 11.23% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.78 (%).Trend:Decrease 7.97% than previous quarter

Overall: decreasing (-18.3%). 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 13.36 (%).Trend:Decrease 10.4% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 16.36 (%).Trend:Increase 22.46% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.22 (%).Trend:Increase 17.48% than previous quarter

Overall: increasing (43.86%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q1 2020 to Q3 2020, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly, indicating potential efficiency issues.  Conversely, retained earnings on assets increased moderately, suggesting improved investment efficiency.  SG&A expense ratio decreased moderately.