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 484.64 (%).Trend:Increase 280.92% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 201.33 (%).Trend:Decrease 58.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 132.29 (%).Trend:Decrease 34.29% than previous quarter

Overall: decreasing (-72.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 2402.68 (%).Trend:Increase 292.66% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 859.03 (%).Trend:Decrease 64.25% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 526.2 (%).Trend:Decrease 38.74% than previous quarter

Overall: decreasing (-78.1%). 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 -6468.93 (%).Trend:Increase 278.04% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -2784.63 (%).Trend:Decrease 56.95% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -1537.69 (%).Trend:Decrease 44.78% than previous quarter

Overall: increasing (-76.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 383.18 (%).Trend:Increase 16.27% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 304.36 (%).Trend:Decrease 20.57% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 235.98 (%).Trend:Decrease 22.47% than previous quarter

Overall: decreasing (-38.42%). 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 -262.29 (%).Trend:Decrease 2.78% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -315.38 (%).Trend:Increase 20.24% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -278.36 (%).Trend:Decrease 11.74% than previous quarter

Overall: decreasing (6.13%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 to Q3 2020 show significant volatility and potential financial difficulties.  Liabilities and current assets on revenue both decreased substantially with high variation, while the ratio of retained earnings to revenue increased in a negative manner (also with high variation). The Selling, General & Administrative (SG&A) expense ratio declined with moderate fluctuation, and retained earnings on assets also decreased, albeit with significant variation.  The data suggest a turbulent financial period with multiple indicators pointing toward negative trends.