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 231.65 (%).Trend:Increase 359.26% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 108.89 (%).Trend:Decrease 52.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 68.7 (%).Trend:Decrease 36.91% than previous quarter

Overall: decreasing (-70.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 118.01 (%).Trend:Increase 174.12% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 64.2 (%).Trend:Decrease 45.6% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 38.61 (%).Trend:Decrease 39.86% than previous quarter

Overall: decreasing (-67.28%). 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 631.11 (%).Trend:Increase 194.5% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 327.98 (%).Trend:Decrease 48.03% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 223.56 (%).Trend:Decrease 31.84% than previous quarter

Overall: decreasing (-64.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.25 (%).Trend:Decrease 34.48% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.23 (%).Trend:Decrease 6.28% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.72 (%).Trend:Decrease 3.35% than previous quarter

Overall: decreasing (-9.42%). 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 62.84 (%).Trend:Decrease 4.45% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 64.05 (%).Trend:Increase 1.93% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 64.14 (%).Trend:Increase 0.14% than previous quarter

Overall: increasing (2.07%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance during Q1-Q3 2020 demonstrates significant volatility and decline across many metrics. Liabilities and current assets on revenue experienced substantial decreases, indicating a struggling working capital position. Similarly, the ratio of retained earnings to revenue decreased markedly. While selling, general, and administrative (SG&A) expenses decreased steadily, investment efficiency, as measured by retained earnings on assets, experienced a slight but sustained increase with minimal variation. The overall picture suggests significant challenges in revenue generation and operational efficiency.