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 107.32 (%).Trend:Increase 257.73% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 45.91 (%).Trend:Decrease 57.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.75 (%).Trend:Decrease 19.95% than previous quarter

Overall: decreasing (-65.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 171.7 (%).Trend:Increase 247.99% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 101.26 (%).Trend:Decrease 41.03% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 72.11 (%).Trend:Decrease 28.79% than previous quarter

Overall: decreasing (-58.0%). 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 33.44 (%).Trend:Increase 301.92% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 16.31 (%).Trend:Decrease 51.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 10.7 (%).Trend:Decrease 34.4% than previous quarter

Overall: decreasing (-68.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.5 (%).Trend:Decrease 9.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.26 (%).Trend:Increase 13.82% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.98 (%).Trend:Decrease 4.47% than previous quarter

Overall: increasing (8.73%). 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 8.9 (%).Trend:Increase 16.64% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.09 (%).Trend:Decrease 20.34% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.11 (%).Trend:Increase 0.28% than previous quarter

Overall: decreasing (-20.11%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial data for Q1-Q3 2020 displays significant fluctuations across all measured metrics.  Working capital efficiency, measured by liabilities and current assets on revenue, showed substantial decreases with high variation.  Cost efficiency, as measured by the retained earnings-to-revenue ratio, saw a sizable overall decrease with significant swings.  While the SG&A expense ratio showed a modest increase with little fluctuation, investment efficiency (retained earnings on assets) indicated a negative trend with moderate variation.