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 65.86 (%).Trend:Increase 207.47% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 31.68 (%).Trend:Decrease 51.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.61 (%).Trend:Decrease 16.0% than previous quarter

Overall: decreasing (-59.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 273.38 (%).Trend:Increase 82.1% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 255.88 (%).Trend:Decrease 6.4% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 176.27 (%).Trend:Decrease 31.11% than previous quarter

Overall: decreasing (-35.52%). Fluctuation: **Neutral** (moderate 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 -341.01 (%).Trend:Increase 166.37% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -155.74 (%).Trend:Decrease 54.33% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -98.62 (%).Trend:Decrease 36.68% than previous quarter

Overall: increasing (-71.08%). Fluctuation: **Significant** (high 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 -60.93 (%).Trend:Increase 14.17% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -40.62 (%).Trend:Decrease 33.33% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -37.95 (%).Trend:Decrease 6.57% than previous quarter

Overall: increasing (-37.72%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for 2020 show significant fluctuations in working capital efficiency, cost efficiency, and investment efficiency.  Liabilities on revenue are decreasing by a notable margin (-59.6%), but with substantial swings between quarters. Current assets on revenue also decreased, showing a neutral fluctuation pattern. The ratio of retained earnings to revenue exhibits a notable increase (-71.08%), though with significant quarter-to-quarter variations.  Investment efficiency, measured by retained earnings on assets, is also increasing, but also with notable variations.  Further analysis is needed to interpret the underlying causes and potential long-term implications of these patterns.