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 69.85 (%).Trend:Increase 203.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 35.52 (%).Trend:Decrease 49.15% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.22 (%).Trend:Decrease 31.81% than previous quarter

Overall: decreasing (-65.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 143.79 (%).Trend:Increase 183.55% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 74.35 (%).Trend:Decrease 48.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 92.57 (%).Trend:Increase 24.51% than previous quarter

Overall: decreasing (-35.62%). 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 2.06 (%).Trend:Increase 27.95% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 2.75 (%).Trend:Increase 33.5% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 2.18 (%).Trend:Decrease 20.73% than previous quarter

Overall: increasing (5.83%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 0.37 (%).Trend:Decrease 55.42% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 1.03 (%).Trend:Increase 178.38% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.0 (%).Trend:Decrease 2.91% than previous quarter

Overall: increasing (170.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.02 (USD).Trend:Decrease 128.57% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.01 (USD).Trend:Decrease 150.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.02 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (-200.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 reveal significant fluctuations across key metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, shows substantial decreases, with notable quarterly increases and decreases. Cost efficiency, as reflected in the ratio of retained earnings to revenue, exhibits a neutral trend with moderate variation. Investment efficiency displays significant fluctuations with a substantial overall increase (170.27%) in retained earnings on assets. Earning per share shows a significant increasing trend despite negative values in the earlier quarters, suggesting a strong rebound.