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 117.48 (%).Trend:Increase 252.37% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 65.52 (%).Trend:Decrease 44.23% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 42.51 (%).Trend:Decrease 35.12% than previous quarter

Overall: decreasing (-63.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 91.14 (%).Trend:Increase 250.94% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 60.65 (%).Trend:Decrease 33.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 36.66 (%).Trend:Decrease 39.55% than previous quarter

Overall: decreasing (-59.78%). 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 756.19 (%).Trend:Increase 247.21% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 471.48 (%).Trend:Decrease 37.65% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 306.94 (%).Trend:Decrease 34.9% than previous quarter

Overall: decreasing (-59.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.68 (%).Trend:Increase 7.83% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.71 (%).Trend:Increase 22.01% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.59 (%).Trend:Decrease 2.1% than previous quarter

Overall: increasing (19.44%). 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 117.18 (%).Trend:Increase 0.41% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 114.01 (%).Trend:Decrease 2.71% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 113.88 (%).Trend:Decrease 0.11% than previous quarter

Overall: decreasing (-2.82%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 106.9% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.4 (USD).Trend:Increase 185.71% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.55 (USD).Trend:Increase 37.5% than previous quarter

Overall: decreasing (292.86%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 reveals significant volatility. Working capital efficiency indicators, liabilities on revenue and current assets on revenue, show a substantial decrease. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a large decline, hinting at profitability issues.  The SG&A expense ratio demonstrates a small increase, which might be a factor contributing to the overall declining trend.  Investment efficiency, as indicated by the slight decrease in retained earnings on assets, points to possible diminishing returns from investments. Earnings per share show a consistent negative trend, demanding significant attention to revenue generation and expense control.