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 51.83 (%).Trend:Increase 208.33% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 26.42 (%).Trend:Decrease 49.03% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.34 (%).Trend:Decrease 30.58% than previous quarter

Overall: decreasing (-64.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 77.02 (%).Trend:Increase 229.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 37.5 (%).Trend:Decrease 51.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 26.2 (%).Trend:Decrease 30.13% than previous quarter

Overall: decreasing (-65.98%). 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 33.54 (%).Trend:Increase 210.84% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 17.94 (%).Trend:Decrease 46.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 12.88 (%).Trend:Decrease 28.21% than previous quarter

Overall: decreasing (-61.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.75 (%).Trend:Increase 3.76% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.94 (%).Trend:Decrease 5.7% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.16 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-8.16%). 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 12.31 (%).Trend:Decrease 2.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 13.52 (%).Trend:Increase 9.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 14.5 (%).Trend:Increase 7.25% than previous quarter

Overall: increasing (17.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.12 (USD).Trend:Increase 35.65% than previous quarter
Year 2020 Quarter 2: Earning Per Share 11.58 (USD).Trend:Increase 271.15% than previous quarter
Year 2020 Quarter 3: Earning Per Share 22.64 (USD).Trend:Increase 95.51% than previous quarter

Overall: increasing (625.64%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2020 to Q3 2020 exhibits significant volatility.  Liabilities and current assets to revenue are decreasing drastically, with highly variable trends. Cost efficiency, particularly the ratio of retained earnings to revenue, also displays substantial decreases and fluctuations.  The SG&A expense ratio, however, shows a stable downward trend. Investment efficiency shows a slight increase in retained earnings on assets, with little fluctuation. Earnings per share experience substantial increases with extreme variability.