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 129.8 (%).Trend:Increase 225.23% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 75.61 (%).Trend:Decrease 41.75% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 56.59 (%).Trend:Decrease 25.16% than previous quarter

Overall: decreasing (-56.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 437.8 (%).Trend:Increase 137.92% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 333.45 (%).Trend:Decrease 23.84% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 204.65 (%).Trend:Decrease 38.63% than previous quarter

Overall: decreasing (-53.25%). 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 -502.05 (%).Trend:Increase 232.64% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -321.24 (%).Trend:Decrease 36.01% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -224.16 (%).Trend:Decrease 30.22% than previous quarter

Overall: increasing (-55.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.87 (%).Trend:Increase 30.13% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.89 (%).Trend:Increase 11.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 48.22 (%).Trend:Decrease 3.35% than previous quarter

Overall: increasing (7.47%). 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 -74.18 (%).Trend:Increase 0.95% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -68.71 (%).Trend:Decrease 7.37% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -77.72 (%).Trend:Increase 13.11% than previous quarter

Overall: decreasing (4.77%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2020 to Q3 2020 show high volatility in working capital efficiency. Liabilities and current assets on revenue both decreased substantially, highlighting potential strain. Cost efficiency, measured by retained earnings to revenue, showed an overall increasing trend but with very large negative percentages. Selling, general, and administrative (SG&A) expense ratio was relatively consistent, increasing steadily.  Investment efficiency, based on retained earnings on assets, decreased considerably, adding to the instability.