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 198.17 (%).Trend:Increase 609.52% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 148.98 (%).Trend:Decrease 24.82% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 89.91 (%).Trend:Decrease 39.65% than previous quarter

Overall: decreasing (-54.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 143.79 (%).Trend:Increase 1922.36% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 139.09 (%).Trend:Decrease 3.27% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 28.9 (%).Trend:Decrease 79.22% than previous quarter

Overall: decreasing (-79.9%). 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 244.0 (%).Trend:Increase 494.69% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 157.29 (%).Trend:Decrease 35.54% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 88.61 (%).Trend:Decrease 43.66% than previous quarter

Overall: decreasing (-63.68%). 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 15.21 (%).Trend:Decrease 15.45% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 12.65 (%).Trend:Decrease 16.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 11.88 (%).Trend:Decrease 6.09% than previous quarter

Overall: decreasing (-21.89%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.37 (USD).Trend:Decrease 162.56% than previous quarter
Year 2020 Quarter 2: Earning Per Share -2.59 (USD).Trend:Increase 89.05% than previous quarter
Year 2020 Quarter 3: Earning Per Share -3.56 (USD).Trend:Increase 37.45% than previous quarter

Overall: decreasing (159.85%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 reveals significant fluctuations across key metrics.  Working capital efficiency deteriorated sharply, with liabilities on revenue increasing dramatically in Q1, followed by declines in Q2 and Q3. Current assets on revenue also displayed substantial volatility, increasing dramatically in Q1 before declining sharply in subsequent quarters. Cost efficiency, as measured by the ratio of retained earnings to revenue, also showed a significant downward trend with similar volatility. Investment efficiency, as gauged by retained earnings on assets, decreased steadily throughout the period, demonstrating moderate fluctuation. Earnings per share suffered a substantial decline throughout the period, exhibiting significant fluctuations.  Overall, the data suggest substantial challenges in maintaining financial stability and profitability during this time frame.