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 48.07 (%).Trend:Increase 206.96% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 25.0 (%).Trend:Decrease 47.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.0 (%).Trend:Decrease 28.0% than previous quarter

Overall: decreasing (-62.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 89.81 (%).Trend:Increase 246.49% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 48.27 (%).Trend:Decrease 46.25% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 34.2 (%).Trend:Decrease 29.15% than previous quarter

Overall: decreasing (-61.92%). 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 14.42 (%).Trend:Increase 283.51% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 9.02 (%).Trend:Decrease 37.45% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 7.01 (%).Trend:Decrease 22.28% than previous quarter

Overall: decreasing (-51.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.63 (%).Trend:Increase 5.5% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.23 (%).Trend:Decrease 6.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.3 (%).Trend:Decrease 4.38% than previous quarter

Overall: decreasing (-10.3%). 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 7.23 (%).Trend:Increase 14.94% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 8.94 (%).Trend:Increase 23.65% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 10.52 (%).Trend:Increase 17.67% than previous quarter

Overall: increasing (45.5%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.08 (USD).Trend:Decrease 94.87% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.75 (USD).Trend:Increase 837.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.49 (USD).Trend:Increase 98.67% than previous quarter

Overall: increasing (1762.5%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2020 to Q3 2020 reveal significant fluctuations in various financial metrics. Working capital efficiency, as indicated by liabilities and current assets on revenue, decreased significantly. Cost efficiency, measured by the SG&A ratio, showed a slight decrease.  Investment efficiency, measured by retained earnings on assets, displayed an increase. Earnings per share, however, experienced substantial, fluctuating results, ultimately ending with a large increase.