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 121.62 (%).Trend:Increase 148.71% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 95.57 (%).Trend:Decrease 21.42% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 63.61 (%).Trend:Decrease 33.44% than previous quarter

Overall: decreasing (-47.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 723.27 (%).Trend:Increase 200.24% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 487.63 (%).Trend:Decrease 32.58% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 308.42 (%).Trend:Decrease 36.75% than previous quarter

Overall: decreasing (-57.36%). 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 249.44 (%).Trend:Increase 233.03% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 160.8 (%).Trend:Decrease 35.54% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 106.9 (%).Trend:Decrease 33.52% than previous quarter

Overall: decreasing (-57.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.72 (%).Trend:Increase 2.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.53 (%).Trend:Increase 35.06% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.71 (%).Trend:Decrease 15.22% than previous quarter

Overall: increasing (14.5%). 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 24.65 (%).Trend:Increase 15.24% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 23.58 (%).Trend:Decrease 4.34% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 25.07 (%).Trend:Increase 6.32% than previous quarter

Overall: increasing (1.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.8 (USD).Trend:Decrease 66.1% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.82 (USD).Trend:Increase 2.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.67 (USD).Trend:Increase 103.66% than previous quarter

Overall: increasing (108.75%). Fluctuation: **Significant** (high variation).



Analysis of Q1 2020 to Q3 2020 data indicates significant decreases in Liabilities on Revenue, Current Assets on Revenue, and the Ratio of Retained Earnings to Revenue, all with high variability. The SG&A Expense Ratio increased moderately, while Retained Earnings on Assets increased slightly with low variation.  Earnings Per Share showed a significant increase, but with substantial fluctuation.