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 113.87 (%).Trend:Increase 352.94% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 52.45 (%).Trend:Decrease 53.94% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.76 (%).Trend:Decrease 37.54% than previous quarter

Overall: decreasing (-71.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 272.62 (%).Trend:Increase 393.61% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 118.82 (%).Trend:Decrease 56.42% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 76.72 (%).Trend:Decrease 35.43% than previous quarter

Overall: decreasing (-71.86%). 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 205.19 (%).Trend:Increase 418.16% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 79.37 (%).Trend:Decrease 61.32% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 51.16 (%).Trend:Decrease 35.54% than previous quarter

Overall: decreasing (-75.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.44 (%).Trend:Increase 31.18% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.16 (%).Trend:Decrease 24.79% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.89 (%).Trend:Decrease 4.51% than previous quarter

Overall: decreasing (-28.18%). Fluctuation: **Neutral** (moderate 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 32.82 (%).Trend:Increase 5.16% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 32.88 (%).Trend:Increase 0.18% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.62 (%).Trend:Increase 5.29% than previous quarter

Overall: increasing (5.48%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q1 2020 to Q3 2020 financial data reveals substantial decreases in key working capital and cost efficiency ratios.  Liabilities on revenue, current assets on revenue, and retained earnings to revenue all declined significantly, indicating potential issues. In contrast, investment efficiency, as measured by retained earnings on assets, showed a small but consistent positive trend.  SG&A expense ratio exhibited moderate fluctuation.