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 40.6 (%).Trend:Increase 242.04% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 21.13 (%).Trend:Decrease 47.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 16.28 (%).Trend:Decrease 22.95% than previous quarter

Overall: decreasing (-59.9%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 131.23 (%).Trend:Increase 369.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 74.89 (%).Trend:Decrease 42.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.87 (%).Trend:Decrease 29.4% than previous quarter

Overall: decreasing (-59.71%). 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 29.66 (%).Trend:Increase 201.73% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 15.8 (%).Trend:Decrease 46.73% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 9.59 (%).Trend:Decrease 39.3% than previous quarter

Overall: decreasing (-67.67%). 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 10.06 (%).Trend:Decrease 21.77% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 8.79 (%).Trend:Decrease 12.62% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.71 (%).Trend:Decrease 12.29% than previous quarter

Overall: decreasing (-23.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.48 (USD).Trend:Decrease 206.67% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.05 (USD).Trend:Increase 118.75% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.39 (USD).Trend:Increase 32.38% than previous quarter

Overall: decreasing (189.58%). Fluctuation: **Significant** (high variation).



Q1-Q3 2020 financial data showcases significant volatility. Working capital efficiency, measured by liabilities and current assets on revenue, saw substantial declines, demonstrating fluctuation. Cost efficiency, measured by the ratio of retained earnings to revenue, also experienced a substantial downward trend. Investment efficiency, determined by retained earnings on assets, exhibited a consistent downward trend. Earning per share consistently decreased over the three quarters of 2020.