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 61.2 (%).Trend:Increase 166.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 42.75 (%).Trend:Decrease 30.15% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.3 (%).Trend:Decrease 31.46% than previous quarter

Overall: decreasing (-52.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 93.94 (%).Trend:Increase 345.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 62.1 (%).Trend:Decrease 33.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 45.71 (%).Trend:Decrease 26.39% than previous quarter

Overall: decreasing (-51.34%). 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 24.77 (%).Trend:Increase 217.56% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 9.94 (%).Trend:Decrease 59.87% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 8.87 (%).Trend:Decrease 10.76% than previous quarter

Overall: decreasing (-64.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.25 (%).Trend:Decrease 3.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.27 (%).Trend:Increase 9.75% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.87 (%).Trend:Decrease 5.3% than previous quarter

Overall: increasing (3.93%). 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 5.24 (%).Trend:Increase 5.43% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 3.27 (%).Trend:Decrease 37.6% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 4.67 (%).Trend:Increase 42.81% than previous quarter

Overall: decreasing (-10.88%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 67.57% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.42 (USD).Trend:Decrease 450.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.01 (USD).Trend:Decrease 102.38% than previous quarter

Overall: decreasing (-91.67%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 shows significant volatility. Liabilities and current assets on revenue decreased substantially, indicating potential issues with working capital management.  Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a sharp decline, suggesting declining profitability. SG&A expense ratio, however, experienced only minimal fluctuations.  Investment efficiency displays a moderate negative trend in retained earnings on assets, while earnings per share experienced a major negative overall trend.