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 72.95 (%).Trend:Increase 178.12% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 39.12 (%).Trend:Decrease 46.37% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 28.03 (%).Trend:Decrease 28.35% than previous quarter

Overall: decreasing (-61.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 121.28 (%).Trend:Increase 184.49% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 57.67 (%).Trend:Decrease 52.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 40.18 (%).Trend:Decrease 30.33% than previous quarter

Overall: decreasing (-66.87%). 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 42.76 (%).Trend:Increase 221.5% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 22.79 (%).Trend:Decrease 46.7% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 15.39 (%).Trend:Decrease 32.47% than previous quarter

Overall: decreasing (-64.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.69 (%).Trend:Increase 20.03% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.36 (%).Trend:Decrease 3.8% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.4 (%).Trend:Increase 0.48% than previous quarter

Overall: decreasing (-3.34%). 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 22.32 (%).Trend:Increase 10.55% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 24.74 (%).Trend:Increase 10.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 24.77 (%).Trend:Increase 0.12% than previous quarter

Overall: increasing (10.98%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.6 (USD).Trend:Decrease 60.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.4 (USD).Trend:Increase 133.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.44 (USD).Trend:Increase 74.29% than previous quarter

Overall: increasing (306.67%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2020-Q3 2020 financial data indicates significant fluctuations in most metrics. Working capital efficiency shows decreases in both liabilities and current assets on revenue. Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased significantly.  Selling, general, and administrative (SG&A) expenses decreased slightly with low volatility. Investment efficiency showed consistent increases in retained earnings on assets. Earnings per share demonstrated substantial, volatile growth, illustrating highly varied financial performance.