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 87.92 (%).Trend:Increase 294.61% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 68.51 (%).Trend:Decrease 22.08% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 38.29 (%).Trend:Decrease 44.11% than previous quarter

Overall: decreasing (-56.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 284.05 (%).Trend:Increase 879.15% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 393.11 (%).Trend:Increase 38.39% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 118.73 (%).Trend:Decrease 69.8% than previous quarter

Overall: decreasing (-58.2%). 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 457.4 (%).Trend:Increase 3087.46% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 459.58 (%).Trend:Increase 0.48% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 336.74 (%).Trend:Decrease 26.73% than previous quarter

Overall: decreasing (-26.38%). Fluctuation: **Neutral** (moderate 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 29.25 (%).Trend:Increase 365.02% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 33.43 (%).Trend:Increase 14.29% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 36.15 (%).Trend:Increase 8.14% than previous quarter

Overall: increasing (23.59%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 8.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 14.0 (USD).Trend:Increase 75.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: increasing (75.0%). Fluctuation: **Neutral** (moderate variation).



Financial performance from Q1-Q3 2020 demonstrates considerable instability.  Liabilities on revenue and current assets on revenue declined substantially, which suggests working capital concerns. The ratio of retained earnings to revenue also declined, whereas retained earnings on assets and earnings per share showed positive but fluctuating growth.  The significant volatility across metrics necessitates further investigation to identify the root causes.