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 54.51 (%).Trend:Increase 186.44% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 27.49 (%).Trend:Decrease 49.57% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.36 (%).Trend:Decrease 22.3% than previous quarter

Overall: decreasing (-60.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 135.23 (%).Trend:Increase 232.02% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 74.8 (%).Trend:Decrease 44.69% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 56.65 (%).Trend:Decrease 24.26% than previous quarter

Overall: decreasing (-58.11%). 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 147.99 (%).Trend:Increase 236.72% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 70.15 (%).Trend:Decrease 52.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 51.17 (%).Trend:Decrease 27.06% than previous quarter

Overall: decreasing (-65.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.68 (%).Trend:Decrease 3.06% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.63 (%).Trend:Decrease 11.88% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.56 (%).Trend:Increase 4.11% than previous quarter

Overall: decreasing (-8.26%). 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 31.47 (%).Trend:Increase 11.16% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 33.46 (%).Trend:Increase 6.32% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.25 (%).Trend:Increase 2.36% than previous quarter

Overall: increasing (8.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.53 (USD).Trend:Decrease 63.19% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.07 (USD).Trend:Increase 290.57% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.76 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (420.75%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2020 to Q3 2020 shows mixed results. Liabilities and current assets on revenue decreased substantially, indicating challenges in working capital management. Retained earnings to revenue also declined significantly, suggesting potential issues with profitability.  The SG&A expense ratio showed a modest downward trend, while investment efficiency demonstrated a gradual increase in retained earnings on assets.  Earnings per share (EPS) showed a dramatic increase, though with significant volatility.