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 199.13 (%).Trend:Increase 539.06% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 131.49 (%).Trend:Decrease 33.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 59.2 (%).Trend:Decrease 54.98% than previous quarter

Overall: decreasing (-70.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 293.65 (%).Trend:Increase 533.41% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 151.2 (%).Trend:Decrease 48.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 87.22 (%).Trend:Decrease 42.31% than previous quarter

Overall: decreasing (-70.3%). 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 -2702.75 (%).Trend:Increase 453.63% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -1406.66 (%).Trend:Decrease 47.95% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -733.93 (%).Trend:Decrease 47.82% than previous quarter

Overall: increasing (-72.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 98.79 (%).Trend:Increase 107.72% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 86.65 (%).Trend:Decrease 12.29% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 62.93 (%).Trend:Decrease 27.37% than previous quarter

Overall: decreasing (-36.3%). Fluctuation: **Neutral** (moderate 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 -318.78 (%).Trend:Decrease 0.33% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -317.67 (%).Trend:Decrease 0.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -300.37 (%).Trend:Decrease 5.45% than previous quarter

Overall: increasing (-5.78%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -4.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -5.0 (USD).Trend:Increase 25.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -4.0 (USD).Trend:Decrease 20.0% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).



The financial statements for 2020 show substantial volatility.  Liabilities on revenue decreased significantly throughout the three quarters.  Current assets on revenue also declined substantially with large swings, indicating weakness in operational efficiency. The ratio of retained earnings to revenue displays a significant, positive change, but with considerable variation and negative figures. SG&A expense ratios trend downwards but with notable fluctuations. Investment efficiency shows a positive trend in retained earnings on assets, but the trend remains negative.  Earnings per share remain consistently negative with high variance, but overall performance appears unstable.