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 197.61 (%).Trend:Increase 82.77% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 244.66 (%).Trend:Increase 23.81% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 131.37 (%).Trend:Decrease 46.31% than previous quarter

Overall: decreasing (-33.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 512.23 (%).Trend:Decrease 41.1% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 239.79 (%).Trend:Decrease 53.19% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 3236.25 (%).Trend:Increase 1249.62% than previous quarter

Overall: increasing (531.8%). 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 67252.51 (%).Trend:Increase 174.4% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 34464.07 (%).Trend:Decrease 48.75% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 23327.31 (%).Trend:Decrease 32.31% than previous quarter

Overall: decreasing (-65.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 205.12 (%).Trend:Decrease 5.35% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 235.43 (%).Trend:Increase 14.78% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 300.04 (%).Trend:Increase 27.44% than previous quarter

Overall: increasing (46.28%). Fluctuation: **Neutral** (moderate 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 22.58 (%).Trend:Increase 2.73% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 22.96 (%).Trend:Increase 1.68% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.56 (%).Trend:Decrease 1.74% than previous quarter

Overall: decreasing (-0.09%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q1 2020 to Q3 2020 exhibits considerable variation. Liabilities on revenue decreased by 33.52%, showing high fluctuation. Current assets on revenue increased substantially (531.8%), also with high variation. The ratio of retained earnings to revenue decreased significantly (-65.31%), indicating a concerning trend. SG&A expense ratio increased (46.28%), while retained earnings on assets decreased minimally (-0.09%). The significant fluctuations necessitate thorough investigation.