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 63.74 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 42.11 (%).Trend:Decrease 33.93% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.19 (%).Trend:Decrease 35.43% than previous quarter

Overall: decreasing (-57.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 72.22 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 37.79 (%).Trend:Decrease 47.67% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 31.36 (%).Trend:Decrease 17.02% than previous quarter

Overall: decreasing (-56.58%). 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 68.17 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 41.66 (%).Trend:Decrease 38.89% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 27.88 (%).Trend:Decrease 33.08% than previous quarter

Overall: decreasing (-59.1%). 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 25.83 (%).Trend:Decrease 1.6% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 27.68 (%).Trend:Increase 7.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 26.52 (%).Trend:Decrease 4.19% than previous quarter

Overall: increasing (2.67%). Fluctuation: **Little** (low variation).

Earning Per Share


The financial analysis reveals several key trends for Q1-Q3 2020. Working capital efficiency significantly decreased, with liabilities and current assets on revenue declining sharply. Cost efficiency also deteriorated, as the ratio of retained earnings to revenue fell substantially.  In contrast, investment efficiency shows a modest increase in retained earnings on assets with minimal fluctuation.