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 109.4 (%).Trend:Increase 241.02% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 55.25 (%).Trend:Decrease 49.5% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 35.89 (%).Trend:Decrease 35.04% than previous quarter

Overall: decreasing (-67.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 138.02 (%).Trend:Increase 191.8% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 69.35 (%).Trend:Decrease 49.75% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 46.75 (%).Trend:Decrease 32.59% than previous quarter

Overall: decreasing (-66.13%). 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 25.33 (%).Trend:Increase 149.8% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 11.54 (%).Trend:Decrease 54.44% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 8.34 (%).Trend:Decrease 27.73% than previous quarter

Overall: decreasing (-67.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 6.51 (%).Trend:Decrease 25.77% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 5.56 (%).Trend:Decrease 14.59% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 6.15 (%).Trend:Increase 10.61% than previous quarter

Overall: decreasing (-5.53%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.71 (USD).Trend:Decrease 573.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.13 (USD).Trend:Increase 59.15% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.9 (USD).Trend:Decrease 20.35% than previous quarter

Overall: decreasing (26.76%). Fluctuation: **Significant** (high variation).



Financial performance analysis across various periods reveals significant fluctuations in multiple key areas.  Decreases are observed in working capital efficiency, cost efficiency, and earnings per share, with substantial variations in all three quarters.  While investment efficiency shows a slight overall decrease, the selling, general, and administrative (SG&A) expense ratio demonstrates stable performance.  Significant volatility is a common theme across all metrics except SG&A, necessitating in-depth analysis to identify the driving forces behind these fluctuations.