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 80.32 (%).Trend:Increase 319.64% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.92 (%).Trend:Decrease 56.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.28 (%).Trend:Decrease 39.06% than previous quarter

Overall: decreasing (-73.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 150.51 (%).Trend:Increase 301.15% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 68.35 (%).Trend:Decrease 54.59% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 42.24 (%).Trend:Decrease 38.2% than previous quarter

Overall: decreasing (-71.94%). 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 22.99 (%).Trend:Increase 332.96% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 14.5 (%).Trend:Decrease 36.93% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 15.45 (%).Trend:Increase 6.55% than previous quarter

Overall: decreasing (-32.8%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.63 (%).Trend:Increase 4.48% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.29 (%).Trend:Decrease 3.94% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.16 (%).Trend:Decrease 1.57% than previous quarter

Overall: decreasing (-5.45%). 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 5.87 (%).Trend:Increase 24.36% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.82 (%).Trend:Increase 33.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 12.85 (%).Trend:Increase 64.32% than previous quarter

Overall: increasing (118.91%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q1-Q3 2020 reveals substantial fluctuations.  Liabilities and current assets on revenue experienced significant decreases (-73.51% and -71.94%, respectively).  The retained earnings-to-revenue ratio also declined (-32.8%), though with a more moderate variation.  Selling, general, and administrative (SG&A) expenses decreased slightly (-5.45%). Investment efficiency showed a substantial increase (118.91%) but with considerable volatility.  Overall, the data suggests significant variability in key financial metrics during this period.