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 180.55 (%).Trend:Increase 244.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 118.79 (%).Trend:Decrease 34.21% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 75.91 (%).Trend:Decrease 36.1% than previous quarter

Overall: decreasing (-57.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 272.53 (%).Trend:Increase 597.54% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 135.94 (%).Trend:Decrease 50.12% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.83 (%).Trend:Decrease 39.8% than previous quarter

Overall: decreasing (-69.97%). 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 -387.79 (%).Trend:Increase 123.23% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -930.67 (%).Trend:Increase 139.99% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -729.55 (%).Trend:Decrease 21.61% than previous quarter

Overall: decreasing (88.13%). 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 -22.57 (%).Trend:Decrease 43.9% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -111.15 (%).Trend:Increase 392.47% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -159.75 (%).Trend:Increase 43.72% than previous quarter

Overall: decreasing (607.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.9 (USD).Trend:Increase 1025.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.31 (USD).Trend:Decrease 245.56% than previous quarter
Year 2020 Quarter 3: Earning Per Share -18.53 (USD).Trend:Increase 1314.5% than previous quarter

Overall: decreasing (-2158.89%). Fluctuation: **Significant** (high variation).



Financial performance in 2020 shows significant volatility.  Working capital efficiency, with liabilities on revenue decreasing to 75.91% in Q3 from 180.55% in Q1, then fluctuating again.  Current assets on revenue also decreased significantly, from 272.53% to 81.83%.  Cost efficiency, as indicated by the negative ratio of retained earnings to revenue, further demonstrates instability.  Investment efficiency, measured by retained earnings on assets, and earnings per share declined sharply across quarters.  The fluctuating results highlight the need for further analysis.