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 123.65 (%).Trend:Increase 239.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 59.84 (%).Trend:Decrease 51.61% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.87 (%).Trend:Decrease 33.37% than previous quarter

Overall: decreasing (-67.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 271.17 (%).Trend:Increase 225.61% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 133.59 (%).Trend:Decrease 50.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 102.31 (%).Trend:Decrease 23.41% than previous quarter

Overall: decreasing (-62.27%). 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 409.36 (%).Trend:Increase 222.53% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 200.28 (%).Trend:Decrease 51.07% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 132.17 (%).Trend:Decrease 34.01% than previous quarter

Overall: decreasing (-67.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.24 (%).Trend:Increase 19.63% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.89 (%).Trend:Decrease 4.96% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.63 (%).Trend:Decrease 4.87% than previous quarter

Overall: decreasing (-9.58%). 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 76.89 (%).Trend:Increase 0.34% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 76.62 (%).Trend:Decrease 0.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 70.07 (%).Trend:Decrease 8.55% than previous quarter

Overall: decreasing (-8.87%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1-Q3 2020 indicate significant fluctuations across various key performance indicators (KPIs).  Working capital efficiency, measured by liabilities and current assets on revenue, exhibited substantial, erratic declines.  Cost efficiency, particularly the ratio of retained earnings to revenue, also showed substantial and erratic decreases.  In contrast, the Selling, General & Administrative (SG&A) expense ratio demonstrated a more stable downward trend.  Investment efficiency, as measured by retained earnings on assets,  showed a slight but steady downward trend. The high degree of fluctuation across most metrics suggests potential underlying factors warranting further investigation.