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 76.43 (%).Trend:Increase 219.26% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 37.88 (%).Trend:Decrease 50.44% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.43 (%).Trend:Decrease 35.51% than previous quarter

Overall: decreasing (-68.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 144.39 (%).Trend:Increase 180.75% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 73.79 (%).Trend:Decrease 48.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.1 (%).Trend:Decrease 29.39% than previous quarter

Overall: decreasing (-63.92%). 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 97.18 (%).Trend:Increase 222.75% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 47.78 (%).Trend:Decrease 50.83% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 33.67 (%).Trend:Decrease 29.53% than previous quarter

Overall: decreasing (-65.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.94 (%).Trend:Decrease 10.34% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.27 (%).Trend:Increase 6.68% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.06 (%).Trend:Decrease 3.98% than previous quarter

Overall: increasing (2.43%). 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 16.25 (%).Trend:Increase 7.19% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 15.76 (%).Trend:Decrease 3.02% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 16.63 (%).Trend:Increase 5.52% than previous quarter

Overall: increasing (2.34%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.38 (USD).Trend:Decrease 67.24% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.59 (USD).Trend:Increase 55.26% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.13 (USD).Trend:Decrease 77.97% than previous quarter

Overall: increasing (-65.79%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 reveal significant fluctuations across various financial metrics. Working capital efficiency shows decreasing liabilities and current assets on revenue, suggesting potential strain.  The retained earnings-to-revenue ratio is declining significantly, indicating concerns. SG&A expense ratio shows slight increases and decrease. Invest efficiency demonstrates a slight overall increase in retained earnings on assets. Earnings per share show a significant negative trend.