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 60.73 (%).Trend:Increase 173.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44.33 (%).Trend:Decrease 27.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.73 (%).Trend:Decrease 50.98% than previous quarter

Overall: decreasing (-64.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 141.8 (%).Trend:Increase 161.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 97.51 (%).Trend:Decrease 31.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 55.3 (%).Trend:Decrease 43.29% than previous quarter

Overall: decreasing (-61.0%). 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 247.12 (%).Trend:Increase 186.92% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 132.64 (%).Trend:Decrease 46.33% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 88.39 (%).Trend:Decrease 33.36% than previous quarter

Overall: decreasing (-64.23%). 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 64.06 (%).Trend:Increase 5.15% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 58.02 (%).Trend:Decrease 9.43% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 60.09 (%).Trend:Increase 3.57% than previous quarter

Overall: decreasing (-6.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 75.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.1 (USD).Trend:Increase 87.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.47 (USD).Trend:Increase 65.24% than previous quarter

Overall: increasing (209.82%). Fluctuation: **Significant** (high variation).



The financial statements for Q1 2020 to Q3 2020 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both decreased significantly, with substantial quarter-to-quarter variations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also experienced a substantial overall decrease and high volatility.  Investment efficiency, as measured by retained earnings on assets, had a much smaller overall decrease and less significant fluctuation.  Earning per share saw a substantial increase, though with a high level of quarter-to-quarter variation.