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 60.37 (%).Trend:Increase 219.93% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 33.83 (%).Trend:Decrease 43.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.06 (%).Trend:Decrease 31.84% than previous quarter

Overall: decreasing (-61.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 298.54 (%).Trend:Increase 224.04% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 159.97 (%).Trend:Decrease 46.42% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 107.1 (%).Trend:Decrease 33.05% than previous quarter

Overall: decreasing (-64.13%). 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 55.82 (%).Trend:Increase 251.73% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 28.26 (%).Trend:Decrease 49.37% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 19.56 (%).Trend:Decrease 30.79% than previous quarter

Overall: decreasing (-64.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.44 (%).Trend:Increase 3.62% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.07 (%).Trend:Increase 4.08% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.81 (%).Trend:Decrease 1.62% than previous quarter

Overall: increasing (2.4%). 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 9.46 (%).Trend:Increase 7.74% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 8.98 (%).Trend:Decrease 5.07% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 9.29 (%).Trend:Increase 3.45% than previous quarter

Overall: decreasing (-1.8%). Fluctuation: **Little** (low variation).

Earning Per Share


Q1-Q3 2020 financial statements demonstrate a significant downward trend in working capital and cost efficiency. Liabilities on revenue and current assets on revenue both decreased, and the ratio of retained earnings to revenue similarly declined. However, selling, general, and administrative (SG&A) expense ratio showed a slightly upward trend, while investment efficiency metrics like retained earnings on assets fluctuated with a small overall decrease.