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 73.47 (%).Trend:Increase 142.08% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 37.31 (%).Trend:Decrease 49.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.68 (%).Trend:Decrease 20.45% than previous quarter

Overall: decreasing (-59.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 74.51 (%).Trend:Increase 195.32% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 41.38 (%).Trend:Decrease 44.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 31.14 (%).Trend:Decrease 24.75% than previous quarter

Overall: decreasing (-58.21%). 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 29.44 (%).Trend:Increase 156.89% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 16.72 (%).Trend:Decrease 43.21% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 11.94 (%).Trend:Decrease 28.59% than previous quarter

Overall: decreasing (-59.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.7 (%).Trend:Decrease 3.45% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.0 (%).Trend:Decrease 3.38% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.19 (%).Trend:Increase 0.95% than previous quarter

Overall: decreasing (-2.46%). 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 12.89 (%).Trend:Decrease 10.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.84 (%).Trend:Increase 15.13% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.37 (%).Trend:Increase 3.57% than previous quarter

Overall: increasing (19.24%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 to Q3 2020 reveal inconsistent performance.  Working capital efficiency saw significant declines, indicated by liabilities and current assets on revenue.  Cost efficiency, as measured by the ratio of retained earnings to revenue, experienced a similar pattern.  Selling, General, and Administrative (SG&A) expense ratios decreased slightly, suggesting stable cost management.  Investment efficiency, however, showed a modest increase in retained earnings on assets, indicating potentially better asset utilization over the period.