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 148.85 (%).Trend:Increase 253.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 75.27 (%).Trend:Decrease 49.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 46.08 (%).Trend:Decrease 38.78% than previous quarter

Overall: decreasing (-69.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 169.04 (%).Trend:Increase 238.42% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 83.47 (%).Trend:Decrease 50.62% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 53.87 (%).Trend:Decrease 35.46% than previous quarter

Overall: decreasing (-68.13%). 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 1.44 (%).Trend:Increase 12.5% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -2.67 (%).Trend:Decrease 285.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 0.45 (%).Trend:Decrease 116.85% than previous quarter

Overall: decreasing (-68.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.2 (%).Trend:Increase 9.67% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.28 (%).Trend:Increase 5.09% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.48 (%).Trend:Decrease 8.08% than previous quarter

Overall: decreasing (-3.4%). 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 0.32 (%).Trend:Decrease 65.22% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.14 (%).Trend:Decrease 456.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 0.3 (%).Trend:Decrease 126.32% than previous quarter

Overall: decreasing (-6.25%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.17 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.79 (USD).Trend:Increase 364.71% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.18 (USD).Trend:Decrease 77.22% than previous quarter

Overall: decreasing (5.88%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 exhibits significant volatility. Working capital efficiency displays substantial fluctuations, with liabilities and current assets on revenue increasing dramatically in Q1 before decreasing sharply in the following quarters. Cost efficiency shows slightly stable SG&A expense ratio, but a highly variable ratio of retained earnings to revenue. Investment efficiency shows a declining trend in retained earnings on assets, and earnings per share remain negative and fluctuating.  The data suggests significant instability and potential challenges in the company's financial health.