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 67.41 (%).Trend:Increase 250.55% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 41.93 (%).Trend:Decrease 37.8% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 28.28 (%).Trend:Decrease 32.55% than previous quarter

Overall: decreasing (-58.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 154.98 (%).Trend:Increase 254.32% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 94.17 (%).Trend:Decrease 39.24% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 61.94 (%).Trend:Decrease 34.23% than previous quarter

Overall: decreasing (-60.03%). 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 222.73 (%).Trend:Increase 279.7% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 142.77 (%).Trend:Decrease 35.9% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 91.14 (%).Trend:Decrease 36.16% than previous quarter

Overall: decreasing (-59.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.43 (%).Trend:Increase 22.5% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.8 (%).Trend:Increase 10.79% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.46 (%).Trend:Decrease 8.95% than previous quarter

Overall: increasing (0.87%). 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 38.99 (%).Trend:Increase 0.26% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 40.44 (%).Trend:Increase 3.72% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 40.22 (%).Trend:Decrease 0.54% than previous quarter

Overall: increasing (3.15%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 80.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: increasing (100.0%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 reveals high volatility. Liabilities on revenue and current assets on revenue decreased significantly throughout the period, exhibiting high fluctuation. Cost efficiency, measured by the ratio of retained earnings to revenue, also decreased substantially, with significant fluctuations. SG&A expense ratio showed a slight overall increase, with less variability.  Investment efficiency (retained earnings on assets) showed a moderate increase overall with little fluctuation. Earnings per share, however, increased significantly from Q1 to Q3, but with extreme fluctuations.