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 148.04 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 75.44 (%).Trend:Decrease 49.04% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 51.1 (%).Trend:Decrease 32.26% than previous quarter

Overall: decreasing (-65.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 113.2 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 62.38 (%).Trend:Decrease 44.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 40.23 (%).Trend:Decrease 35.51% than previous quarter

Overall: decreasing (-64.46%). 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 78.08 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 41.23 (%).Trend:Decrease 47.2% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 28.46 (%).Trend:Decrease 30.97% than previous quarter

Overall: decreasing (-63.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.46 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.17 (%).Trend:Decrease 2.33% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.77 (%).Trend:Decrease 3.29% than previous quarter

Overall: decreasing (-5.54%). 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 13.77 (%).Trend:Increase 11.14% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.44 (%).Trend:Increase 4.87% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.27 (%).Trend:Increase 5.75% than previous quarter

Overall: increasing (10.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.19 (USD).Trend:Decrease 70.84% than previous quarter
Year 2020 Quarter 2: Earning Per Share 7.96 (USD).Trend:Increase 149.53% than previous quarter
Year 2020 Quarter 3: Earning Per Share 11.77 (USD).Trend:Increase 47.86% than previous quarter

Overall: increasing (268.97%). Fluctuation: **Significant** (high variation).



The analysis covers Q1-Q3 2020. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly with high variation.  The SG&A expense ratio decreased slightly with low variation. Retained earnings on assets increased slightly with low variation.  Earnings per share increased significantly with high variation.