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 71.73 (%).Trend:Increase 177.27% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 30.24 (%).Trend:Decrease 57.84% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 20.28 (%).Trend:Decrease 32.94% than previous quarter

Overall: decreasing (-71.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 203.54 (%).Trend:Increase 227.76% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 95.54 (%).Trend:Decrease 53.06% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 65.05 (%).Trend:Decrease 31.91% than previous quarter

Overall: decreasing (-68.04%). 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 261.96 (%).Trend:Increase 272.26% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 124.46 (%).Trend:Decrease 52.49% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 80.48 (%).Trend:Decrease 35.34% than previous quarter

Overall: decreasing (-69.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Increase 24.41% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.73 (%).Trend:Decrease 9.21% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.12 (%).Trend:Decrease 6.26% than previous quarter

Overall: decreasing (-14.89%). 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 60.8 (%).Trend:Increase 7.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 62.16 (%).Trend:Increase 2.24% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 62.05 (%).Trend:Decrease 0.18% than previous quarter

Overall: increasing (2.06%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 85.8% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 230.43% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.58 (USD).Trend:Increase 107.89% than previous quarter

Overall: increasing (586.96%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 shows significant fluctuations.  Working capital efficiency, measured by liabilities and current assets on revenue, decreased significantly.  The ratio of retained earnings to revenue also decreased substantially.  Selling, general, and administrative (SG&A) expense ratio shows a more stable decrease.  Investment efficiency, measured by retained earnings on assets, increased slightly over the period, while earning per share saw a substantial increase.  The high variation across metrics suggests potentially significant underlying changes in the company's operations.