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 97.96 (%).Trend:Increase 337.71% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 50.05 (%).Trend:Decrease 48.91% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 33.52 (%).Trend:Decrease 33.03% than previous quarter

Overall: decreasing (-65.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 155.94 (%).Trend:Increase 231.93% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 82.65 (%).Trend:Decrease 47.0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 56.84 (%).Trend:Decrease 31.23% than previous quarter

Overall: decreasing (-63.55%). 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 -100.81 (%).Trend:Increase 195.28% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -49.78 (%).Trend:Decrease 50.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -31.1 (%).Trend:Decrease 37.53% than previous quarter

Overall: increasing (-69.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.45 (%).Trend:Decrease 1.24% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.53 (%).Trend:Increase 0.31% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.57 (%).Trend:Increase 0.16% than previous quarter

Overall: increasing (0.47%). 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 -35.32 (%).Trend:Decrease 7.35% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -33.76 (%).Trend:Decrease 4.42% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -31.66 (%).Trend:Decrease 6.22% than previous quarter

Overall: increasing (-10.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency in 2020 shows substantial fluctuations. Liabilities on revenue increased sharply in Q1 2020, then decreased in Q2 and Q3, resulting in a significant overall decrease.  Current assets on revenue also fluctuated dramatically, increasing in Q1 and decreasing in Q2 and Q3, resulting in an overall decrease. Cost efficiency, in terms of the retained earnings to revenue ratio, displayed significant increases and decreases, ending up with an overall net increase.  Investment efficiency, measured by retained earnings on assets, experienced a significant decrease in each quarter and ended in an overall net increase. Selling, General, and Administrative (SG&A) expense ratio had minimal fluctuation in 2020, with a slight, overall increase.