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 267.46 (%).Trend:Increase 207.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 135.18 (%).Trend:Decrease 49.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 89.12 (%).Trend:Decrease 34.07% than previous quarter

Overall: decreasing (-66.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 352.8 (%).Trend:Increase 120.56% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 185.23 (%).Trend:Decrease 47.5% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 129.15 (%).Trend:Decrease 30.28% than previous quarter

Overall: decreasing (-63.39%). 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 -102.13 (%).Trend:Decrease 3481.79% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -51.42 (%).Trend:Decrease 49.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -25.29 (%).Trend:Decrease 50.82% than previous quarter

Overall: increasing (-75.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -18.38 (%).Trend:Decrease 1503.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -18.41 (%).Trend:Increase 0.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -13.02 (%).Trend:Decrease 29.28% than previous quarter

Overall: increasing (-29.16%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.61 (USD).Trend:Decrease 50.81% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.3 (USD).Trend:Increase 113.11% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.07 (USD).Trend:Increase 59.23% than previous quarter

Overall: increasing (239.34%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2020 show high volatility across all analyzed metrics.  Liabilities and current assets as percentages of revenue are decreasing, but with substantial fluctuations.  Cost efficiency, measured by the retained earnings to revenue ratio, exhibits highly variable trends. Investment efficiency shows a consistent downward trend in retained earnings on assets. Earnings per share demonstrate significant fluctuations, with increases and decreases throughout the period.