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 62.65 (%).Trend:Increase 123.19% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 38.96 (%).Trend:Decrease 37.81% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 31.69 (%).Trend:Decrease 18.66% than previous quarter

Overall: decreasing (-49.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 151.29 (%).Trend:Increase 115.42% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 92.6 (%).Trend:Decrease 38.79% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 71.97 (%).Trend:Decrease 22.28% than previous quarter

Overall: decreasing (-52.43%). 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 147.4 (%).Trend:Increase 153.4% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 87.61 (%).Trend:Decrease 40.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 58.81 (%).Trend:Decrease 32.87% than previous quarter

Overall: decreasing (-60.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.41 (%).Trend:Decrease 19.11% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.67 (%).Trend:Increase 21.71% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.25 (%).Trend:Increase 4.58% than previous quarter

Overall: increasing (27.28%). Fluctuation: **Neutral** (moderate 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 28.9 (%).Trend:Increase 16.91% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 28.14 (%).Trend:Decrease 2.63% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 25.96 (%).Trend:Decrease 7.75% than previous quarter

Overall: decreasing (-10.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.8 (USD).Trend:Increase 370.59% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 6.25% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.78 (USD).Trend:Decrease 8.24% than previous quarter

Overall: decreasing (-2.5%). Fluctuation: **Little** (low variation).



Financial statements for Q1-Q3 2020 show significant fluctuations in working capital efficiency. Liabilities on revenue decreased by 49.42%, while current assets on revenue decreased by 52.43%.  Cost efficiency reveals a substantial decrease in the ratio of retained earnings to revenue (-60.1%), indicating potential issues in profitability.  However, the SG&A expense ratio slightly increased (27.28%) suggesting cost-cutting measures. Investment efficiency exhibits a slight decrease in retained earnings on assets (-10.17%). Earnings per share decreased by 2.5%.