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 101.23 (%).Trend:Increase 118.78% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 53.78 (%).Trend:Decrease 46.87% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 34.74 (%).Trend:Decrease 35.4% than previous quarter

Overall: decreasing (-65.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 501.88 (%).Trend:Increase 217.46% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 261.24 (%).Trend:Decrease 47.95% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 188.62 (%).Trend:Decrease 27.8% than previous quarter

Overall: decreasing (-62.42%). 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 769.52 (%).Trend:Increase 213.67% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 403.26 (%).Trend:Decrease 47.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 285.91 (%).Trend:Decrease 29.1% than previous quarter

Overall: decreasing (-62.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.81 (%).Trend:Decrease 3.07% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.68 (%).Trend:Increase 2.57% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.28 (%).Trend:Increase 1.73% than previous quarter

Overall: increasing (4.35%). 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 66.45 (%).Trend:Decrease 1.98% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 66.46 (%).Trend:Increase 0.02% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 64.62 (%).Trend:Decrease 2.77% than previous quarter

Overall: decreasing (-2.75%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2020 to Q3 2020 showcase substantial volatility. Liabilities and current assets on revenue show significant decreases, though with considerable quarter-to-quarter fluctuations. Cost efficiency, as measured by the ratio of retained earnings to revenue, mirrors this volatility, indicating substantial declines.  The selling, general, and administrative (SG&A) expense ratio displays a small increase. Investment efficiency, represented by retained earnings on assets, demonstrates a slight downward trend.  The findings highlight the need for a deeper investigation into these substantial fluctuations.