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 101.84 (%).Trend:Increase 178.78% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 53.0 (%).Trend:Decrease 47.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.71 (%).Trend:Decrease 30.74% than previous quarter

Overall: decreasing (-63.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 294.68 (%).Trend:Increase 202.42% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 141.5 (%).Trend:Decrease 51.98% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 92.63 (%).Trend:Decrease 34.54% than previous quarter

Overall: decreasing (-68.57%). 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 -105.78 (%).Trend:Increase 294.7% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -48.44 (%).Trend:Decrease 54.21% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -25.07 (%).Trend:Decrease 48.25% than previous quarter

Overall: increasing (-76.3%). Fluctuation: **Significant** (high 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 -27.66 (%).Trend:Increase 30.53% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -26.59 (%).Trend:Decrease 3.87% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -21.65 (%).Trend:Decrease 18.58% than previous quarter

Overall: increasing (-21.73%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 116.67% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.06 (USD).Trend:Decrease 142.86% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.92 (USD).Trend:Increase 1433.33% than previous quarter

Overall: increasing (-757.14%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2020 to Q3 2020 reveals significant fluctuations across key metrics. Liabilities on revenue decreased significantly (-63.95%), while current assets on revenue also fell sharply (-68.57%).  The ratio of retained earnings to revenue showed a significant increase (-76.3%), and retained earnings on assets increased (-21.73%), both indicating substantial volatility.  Earnings per share also exhibited dramatic changes.