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 151.65 (%).Trend:Increase 192.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 79.27 (%).Trend:Decrease 47.73% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 53.16 (%).Trend:Decrease 32.94% than previous quarter

Overall: decreasing (-64.95%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 151.75 (%).Trend:Increase 179.31% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 76.23 (%).Trend:Decrease 49.77% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 53.02 (%).Trend:Decrease 30.45% than previous quarter

Overall: decreasing (-65.06%). 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 162.24 (%).Trend:Increase 173.04% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 83.79 (%).Trend:Decrease 48.35% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 57.25 (%).Trend:Decrease 31.67% than previous quarter

Overall: decreasing (-64.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.12 (%).Trend:Decrease 7.86% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.28 (%).Trend:Decrease 4.39% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.26 (%).Trend:Decrease 0.11% than previous quarter

Overall: decreasing (-4.5%). 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 37.2 (%).Trend:Decrease 4.71% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 38.06 (%).Trend:Increase 2.31% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 38.6 (%).Trend:Increase 1.42% than previous quarter

Overall: increasing (3.76%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2020 to Q3 2020 show significant volatility in working capital efficiency. Liabilities and current assets on revenue both decrease overall, but show major quarter-to-quarter variations.  Cost efficiency (ratio of retained earnings to revenue) also exhibits a substantial overall decline, with substantial fluctuation. The selling, general, and administrative (SG&A) expense ratio shows a modest downward trend with little fluctuation.  Investment efficiency (retained earnings on assets) shows a slight overall increase with minimal variation.