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 183.32 (%).Trend:Increase 200.18% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 84.92 (%).Trend:Decrease 53.68% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 49.93 (%).Trend:Decrease 41.2% than previous quarter

Overall: decreasing (-72.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 308.07 (%).Trend:Increase 242.41% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 143.9 (%).Trend:Decrease 53.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 92.41 (%).Trend:Decrease 35.78% than previous quarter

Overall: decreasing (-70.0%). 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 -429.89 (%).Trend:Increase 213.61% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -223.83 (%).Trend:Decrease 47.93% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -151.42 (%).Trend:Decrease 32.35% than previous quarter

Overall: increasing (-64.78%). 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 -85.16 (%).Trend:Increase 2.34% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -92.83 (%).Trend:Increase 9.01% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -96.56 (%).Trend:Increase 4.02% than previous quarter

Overall: decreasing (13.39%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 to Q3 2020 illustrate significant fluctuations across key metrics. Liabilities on revenue and current assets on revenue both decreased with significant volatility. The ratio of retained earnings to revenue is increasing, but again, highly volatile. Investment efficiency, measured by retained earnings on assets, showed a decreasing trend, also with considerable quarter-to-quarter variation.  Further analysis is needed to understand the drivers behind these significant fluctuations.