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 66.83 (%).Trend:Increase 198.35% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 35.39 (%).Trend:Decrease 47.04% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.32 (%).Trend:Decrease 31.28% than previous quarter

Overall: decreasing (-63.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 108.3 (%).Trend:Increase 218.62% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 61.58 (%).Trend:Decrease 43.14% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 43.7 (%).Trend:Decrease 29.04% than previous quarter

Overall: decreasing (-59.65%). 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 85.77 (%).Trend:Increase 181.4% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 50.21 (%).Trend:Decrease 41.46% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 34.8 (%).Trend:Decrease 30.69% than previous quarter

Overall: decreasing (-59.43%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.41 (%).Trend:Increase 4.88% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.78 (%).Trend:Increase 2.13% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.05 (%).Trend:Increase 1.52% than previous quarter

Overall: increasing (3.68%). 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 47.82 (%).Trend:Decrease 3.3% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 48.42 (%).Trend:Increase 1.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 47.64 (%).Trend:Decrease 1.61% than previous quarter

Overall: decreasing (-0.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -3.91 (USD).Trend:Decrease 261.57% than previous quarter
Year 2020 Quarter 2: Earning Per Share -2.86 (USD).Trend:Decrease 26.85% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.43 (USD).Trend:Decrease 15.03% than previous quarter

Overall: increasing (-37.85%). Fluctuation: **Significant** (high variation).



Q1-Q3 2020 financial statements paint a picture of significant financial challenges.  Liabilities and current assets relative to revenue are declining dramatically, suggesting cash flow and liquidity issues.  Cost efficiency metrics (retained earnings/revenue, SG&A) are mostly trending downwards, reflecting operational difficulties.  Investment efficiency is relatively stable.  Earnings per share are strongly negative, indicating major financial losses.  The company's financial health requires urgent attention.