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 268.15 (%).Trend:Increase 42.61% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 391.71 (%).Trend:Increase 46.08% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 246.75 (%).Trend:Decrease 37.01% than previous quarter

Overall: decreasing (-7.98%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 1778.07 (%).Trend:Increase 91.53% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 1953.82 (%).Trend:Increase 9.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 1074.05 (%).Trend:Decrease 45.03% than previous quarter

Overall: decreasing (-39.59%). 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 -11277.76 (%).Trend:Increase 135.17% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -9442.84 (%).Trend:Decrease 16.27% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -4735.37 (%).Trend:Decrease 49.85% than previous quarter

Overall: increasing (-58.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 191.65 (%).Trend:Decrease 13.59% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 293.52 (%).Trend:Increase 53.15% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 227.47 (%).Trend:Decrease 22.5% than previous quarter

Overall: increasing (18.69%). 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 -474.98 (%).Trend:Increase 20.96% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -389.6 (%).Trend:Decrease 17.98% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -361.8 (%).Trend:Decrease 7.14% than previous quarter

Overall: increasing (-23.83%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data for Q1-Q3 2020 indicates a mixed performance. Liabilities on revenue show a slight decline, while current assets on revenue significantly decrease with high variation. The ratio of retained earnings to revenue is increasing but remains negative overall with significant fluctuation. SG&A expense ratio increases slightly with moderate variation.  Invest efficiency demonstrates a slight increase with significant variation, also remaining in a negative range.