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 231.65 (%).Trend:Increase 359.26% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 108.89 (%).Trend:Decrease 52.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 68.7 (%).Trend:Decrease 36.91% than previous quarter

Overall: decreasing (-70.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 118.01 (%).Trend:Increase 174.12% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 64.2 (%).Trend:Decrease 45.6% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 38.61 (%).Trend:Decrease 39.86% than previous quarter

Overall: decreasing (-67.28%). 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 631.11 (%).Trend:Increase 194.5% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 327.98 (%).Trend:Decrease 48.03% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 223.56 (%).Trend:Decrease 31.84% than previous quarter

Overall: decreasing (-64.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.25 (%).Trend:Decrease 34.48% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Decrease 6.28% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.72 (%).Trend:Decrease 3.35% than previous quarter

Overall: decreasing (-9.42%). 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 62.84 (%).Trend:Decrease 4.45% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 64.05 (%).Trend:Increase 1.93% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 64.14 (%).Trend:Increase 0.14% than previous quarter

Overall: increasing (2.07%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance during Q1-Q3 2020 reveals significant volatility.  Working capital efficiency is severely declining, with both liabilities on revenue and current assets on revenue showing substantial decreases and high variation.  Cost efficiency also suffers, as the ratio of retained earnings to revenue is significantly decreasing.  Conversely, the selling, general, and administrative (SG&A) expense ratio is trending downward, but with little variation.  Investment efficiency, as measured by retained earnings on assets, is slightly increasing over the period, with a low degree of fluctuation.