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 49.93 (%).Trend:Increase 241.29% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 33.78 (%).Trend:Decrease 32.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.27 (%).Trend:Decrease 37.03% than previous quarter

Overall: decreasing (-57.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 64.63 (%).Trend:Increase 1041.87% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 43.06 (%).Trend:Decrease 33.37% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 8.97 (%).Trend:Decrease 79.17% than previous quarter

Overall: decreasing (-86.12%). 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 -120.89 (%).Trend:Increase 268.68% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -74.68 (%).Trend:Decrease 38.22% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -47.09 (%).Trend:Decrease 36.94% than previous quarter

Overall: increasing (-61.05%). 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 -29.29 (%).Trend:Decrease 3.24% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -31.91 (%).Trend:Increase 8.95% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -37.15 (%).Trend:Increase 16.42% than previous quarter

Overall: decreasing (26.84%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 316.67% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.44 (USD).Trend:Increase 238.46% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.44 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (238.46%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2020 showcase significant volatility in key metrics.  Liabilities and current assets on revenue demonstrate substantial declines, suggesting potential issues with working capital management.  The ratio of retained earnings to revenue shows an increasing trend, although significantly negative. Investment efficiency, based on retained earnings on assets, displays a consistent decrease. Earnings per share remain persistently negative across all quarters, signifying a significant operational concern.