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 73.47 (%).Trend:Increase 142.08% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 37.31 (%).Trend:Decrease 49.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.68 (%).Trend:Decrease 20.45% than previous quarter

Overall: decreasing (-59.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 74.51 (%).Trend:Increase 195.32% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 41.38 (%).Trend:Decrease 44.46% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 31.14 (%).Trend:Decrease 24.75% than previous quarter

Overall: decreasing (-58.21%). 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 29.44 (%).Trend:Increase 156.89% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 16.72 (%).Trend:Decrease 43.21% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 11.94 (%).Trend:Decrease 28.59% than previous quarter

Overall: decreasing (-59.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.7 (%).Trend:Decrease 3.45% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.0 (%).Trend:Decrease 3.38% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.19 (%).Trend:Increase 0.95% than previous quarter

Overall: decreasing (-2.46%). 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 12.89 (%).Trend:Decrease 10.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.84 (%).Trend:Increase 15.13% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.37 (%).Trend:Increase 3.57% than previous quarter

Overall: increasing (19.24%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q1 2020 to Q3 2020 financial data indicates a significant overall decrease in liabilities and current assets on revenue, with substantial quarterly fluctuation.  Cost efficiency (ratio of retained earnings to revenue) also displays a substantial decrease, while the SG&A expense ratio reveals a minor decrease with low fluctuation.  Investment efficiency shows a positive trend with little variation.