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 101.22 (%).Trend:Increase 207.38% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 51.42 (%).Trend:Decrease 49.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 37.95 (%).Trend:Decrease 26.2% than previous quarter

Overall: decreasing (-62.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 279.76 (%).Trend:Increase 645.23% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 161.62 (%).Trend:Decrease 42.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 113.55 (%).Trend:Decrease 29.74% than previous quarter

Overall: decreasing (-59.41%). 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 23.17 (%).Trend:Increase 369.98% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -12.89 (%).Trend:Decrease 155.63% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -6.57 (%).Trend:Decrease 49.03% than previous quarter

Overall: decreasing (-128.36%). 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 1.84 (%).Trend:Increase 10.84% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.77 (%).Trend:Decrease 196.2% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -1.35 (%).Trend:Decrease 23.73% than previous quarter

Overall: decreasing (-173.37%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.23 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.63 (USD).Trend:Decrease 808.7% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.34 (USD).Trend:Decrease 17.79% than previous quarter

Overall: decreasing (-682.61%). Fluctuation: **Significant** (high variation).



Working capital efficiency is characterized by substantial fluctuation. Liabilities on revenue are decreasing, down to 37.95% in Q3 2020, after a large initial increase. Current assets on revenue similarly show a significant decline overall.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is decreasing drastically.  Invest efficiency (retained earnings on assets) and earning per share (EPS) are also declining significantly, indicating potential financial distress.  High volatility across these metrics in Q1-Q3 2020 is a critical concern.