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 556.89 (%).Trend:Increase 180.17% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 460.74 (%).Trend:Decrease 17.27% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 339.21 (%).Trend:Decrease 26.38% than previous quarter

Overall: decreasing (-39.09%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 652.58 (%).Trend:Increase 167.62% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 521.58 (%).Trend:Decrease 20.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 379.3 (%).Trend:Decrease 27.28% than previous quarter

Overall: decreasing (-41.88%). 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 -966.41 (%).Trend:Increase 204.44% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -495.77 (%).Trend:Decrease 48.7% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -286.77 (%).Trend:Decrease 42.16% than previous quarter

Overall: increasing (-70.33%). 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 -111.63 (%).Trend:Increase 9.26% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -51.5 (%).Trend:Decrease 53.87% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -46.21 (%).Trend:Decrease 10.27% than previous quarter

Overall: increasing (-58.6%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial statements reveal significant quarter-to-quarter fluctuations in key performance indicators.  Decreasing liabilities on revenue and current assets on revenue trends are somewhat counterbalanced by the increasing retained earnings-to-revenue ratio.  However, this improvement is overshadowed by substantial volatility.  Retained earnings on assets also show a concerning increasing trend with large fluctuations.  A deeper dive into operational performance and potential outliers is necessary for a more comprehensive evaluation.