Working Capital Efficiency
The data from Quater 1 in 2019 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 1: Liabilities on Revenue 59.64 (%).Trend:Increase 18.22% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 20.45 (%).Trend:Decrease 65.71% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.27 (%).Trend:Decrease 10.66% than previous quarter

Overall: decreasing (-69.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 1: Current assets on Revenue 294.69 (%).Trend:Increase 53.27% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 206.1 (%).Trend:Decrease 30.06% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 168.81 (%).Trend:Decrease 18.09% than previous quarter

Overall: decreasing (-42.72%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 1 in 2019 to Quater 3 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 1: Ratio of Retained Earnings to Revenue -101.3 (%).Trend:Increase 108.05% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -64.66 (%).Trend:Decrease 36.17% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -46.47 (%).Trend:Decrease 28.13% than previous quarter

Overall: increasing (-54.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 1 in 2019 to Quater 3 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 1: Retained Earning on Assets -19.42 (%).Trend:Increase 34.67% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -18.99 (%).Trend:Decrease 2.21% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -17.32 (%).Trend:Decrease 8.79% than previous quarter

Overall: increasing (-10.81%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2019 to Q3 2020 indicate significant fluctuations in financial health. Liabilities on revenue decreased substantially, while current assets on revenue also declined. Cost efficiency, as represented by the ratio of retained earnings to revenue, shows an overall positive trend, though with significant variation. Investment efficiency demonstrates a positive trend, but with fluctuations. The lack of data for earnings per share necessitates further investigation.  The results point to a need for further analysis to determine the drivers behind these fluctuating trends and possible outliers.