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 51.83 (%).Trend:Increase 208.33% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 26.42 (%).Trend:Decrease 49.03% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.34 (%).Trend:Decrease 30.58% than previous quarter

Overall: decreasing (-64.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 77.02 (%).Trend:Increase 229.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 37.5 (%).Trend:Decrease 51.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 26.2 (%).Trend:Decrease 30.13% than previous quarter

Overall: decreasing (-65.98%). 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 33.54 (%).Trend:Increase 210.84% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 17.94 (%).Trend:Decrease 46.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 12.88 (%).Trend:Decrease 28.21% than previous quarter

Overall: decreasing (-61.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.75 (%).Trend:Increase 3.76% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.94 (%).Trend:Decrease 5.7% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.16 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-8.16%). 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 12.31 (%).Trend:Decrease 2.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 13.52 (%).Trend:Increase 9.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 14.5 (%).Trend:Increase 7.25% than previous quarter

Overall: increasing (17.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.12 (USD).Trend:Increase 35.65% than previous quarter
Year 2020 Quarter 2: Earning Per Share 11.58 (USD).Trend:Increase 271.15% than previous quarter
Year 2020 Quarter 3: Earning Per Share 22.64 (USD).Trend:Increase 95.51% than previous quarter

Overall: increasing (625.64%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased drastically in Q1 2020, then decreased in Q2 and Q3, resulting in a significant overall decrease. Similarly, current assets on revenue saw a large increase in Q1 2020, followed by substantial decreases in Q2 and Q3.  Cost efficiency also shows significant fluctuations in the ratio of retained earnings to revenue, while the Selling, General & Administrative (SG&A) expense ratio shows a smaller, more stable decrease.  Investment efficiency, however, shows a small but steady increase in retained earnings on assets. Earning per share saw significant growth over the three quarters.