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 165.66 (%).Trend:Increase 118.23% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 32.36 (%).Trend:Decrease 80.47% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.49 (%).Trend:Decrease 42.86% than previous quarter

Overall: decreasing (-88.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 1845.75 (%).Trend:Increase 668.04% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 620.98 (%).Trend:Decrease 66.36% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 341.96 (%).Trend:Decrease 44.93% than previous quarter

Overall: decreasing (-81.47%). 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 -2405.07 (%).Trend:Increase 501.3% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -724.75 (%).Trend:Decrease 69.87% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -375.46 (%).Trend:Decrease 48.19% than previous quarter

Overall: increasing (-84.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.82 (%).Trend:Increase 32.96% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.3 (%).Trend:Decrease 41.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.2 (%).Trend:Decrease 17.41% than previous quarter

Overall: decreasing (-51.43%). Fluctuation: **Significant** (high 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 -123.85 (%).Trend:Decrease 19.43% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -110.81 (%).Trend:Decrease 10.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -104.53 (%).Trend:Decrease 5.67% than previous quarter

Overall: increasing (-15.6%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1-Q3 2020 reveal highly variable trends across key metrics.  Working capital efficiency shows a significant decrease in liabilities and current assets on revenue.  Cost efficiency shows a highly volatile trend in the ratio of retained earnings to revenue and in the SG&A expense ratio. Investment efficiency displays a negative trend with considerable variation.