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 152.12 (%).Trend:Increase 199.39% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 63.09 (%).Trend:Decrease 58.53% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 49.38 (%).Trend:Decrease 21.73% than previous quarter

Overall: decreasing (-67.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 193.56 (%).Trend:Decrease 35.75% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 244.54 (%).Trend:Increase 26.34% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 163.6 (%).Trend:Decrease 33.1% than previous quarter

Overall: decreasing (-15.48%). Fluctuation: **Neutral** (moderate 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 -300.58 (%).Trend:Increase 201.91% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -166.69 (%).Trend:Decrease 44.54% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -116.88 (%).Trend:Decrease 29.88% than previous quarter

Overall: increasing (-61.12%). 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 -27.7 (%).Trend:Increase 18.99% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -24.71 (%).Trend:Decrease 10.79% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -26.55 (%).Trend:Increase 7.45% than previous quarter

Overall: increasing (-4.15%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1-Q3 2020 reveals significant fluctuations in key financial metrics. Liabilities on revenue showed a substantial overall decrease (-67.54%), while current assets on revenue decreased moderately (-15.48%).  Conversely, the ratio of retained earnings to revenue increased (-61.12%), and retained earnings on assets increased slightly (-4.15%), both exhibiting high variability.