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 87.22 (%).Trend:Increase 245.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 39.55 (%).Trend:Decrease 54.65% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.38 (%).Trend:Decrease 40.88% than previous quarter

Overall: decreasing (-73.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 92.28 (%).Trend:Increase 251.54% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 39.35 (%).Trend:Decrease 57.36% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 23.71 (%).Trend:Decrease 39.75% than previous quarter

Overall: decreasing (-74.31%). 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 25.41 (%).Trend:Increase 161.69% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 13.87 (%).Trend:Decrease 45.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 9.59 (%).Trend:Decrease 30.86% than previous quarter

Overall: decreasing (-62.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.22 (%).Trend:Increase 12.32% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.6 (%).Trend:Decrease 5.07% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.05 (%).Trend:Decrease 4.74% than previous quarter

Overall: decreasing (-9.57%). 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 14.75 (%).Trend:Decrease 18.82% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 17.05 (%).Trend:Increase 15.59% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.08 (%).Trend:Increase 11.91% than previous quarter

Overall: increasing (29.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -4.0 (USD).Trend:Decrease 300.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Decrease 25.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.0 (USD).Trend:Decrease 33.33% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 show significant variability across various metrics. Working capital efficiency, measured by liabilities and current assets on revenue, declined substantially. Cost efficiency, as measured by retained earnings to revenue, also showed substantial downward trends, while SG&A expense ratio decreased more gradually. Investment efficiency, in retained earnings on assets, demonstrated a modest increase, while earnings per share saw significant decreases.