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 80.3 (%).Trend:Increase 201.2% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 48.43 (%).Trend:Decrease 39.69% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.63 (%).Trend:Decrease 32.62% than previous quarter

Overall: decreasing (-59.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 131.98 (%).Trend:Increase 214.76% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 73.81 (%).Trend:Decrease 44.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 49.61 (%).Trend:Decrease 32.79% than previous quarter

Overall: decreasing (-62.41%). 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 51.79 (%).Trend:Increase 260.4% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 25.78 (%).Trend:Decrease 50.22% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 16.9 (%).Trend:Decrease 34.45% than previous quarter

Overall: decreasing (-67.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.68 (%).Trend:Increase 6.73% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.41 (%).Trend:Decrease 2.79% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.78 (%).Trend:Decrease 6.7% than previous quarter

Overall: decreasing (-9.3%). 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 23.25 (%).Trend:Increase 7.64% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 22.02 (%).Trend:Decrease 5.29% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.0 (%).Trend:Decrease 0.09% than previous quarter

Overall: decreasing (-5.38%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 2.38 (USD).Trend:Decrease 62.52% than previous quarter
Year 2020 Quarter 2: Earning Per Share 3.49 (USD).Trend:Increase 46.64% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.1 (USD).Trend:Increase 74.79% than previous quarter

Overall: increasing (156.3%). Fluctuation: **Significant** (high variation).



Analyzing Q1-Q3 2020 financial statements reveals a significant decline in working capital efficiency, with liabilities and current assets on revenue decreasing substantially and exhibiting considerable variation.  Cost efficiency displays a notable decrease in the retained earnings-to-revenue ratio, also with significant fluctuation.  However, selling, general, and administrative (SG&A) expenses show a slight downward trend with minimal variation. Investment efficiency follows a minor decreasing trend. Earnings per share show a significant overall increase but with considerable fluctuation.