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 186.93 (%).Trend:Increase 250.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 104.01 (%).Trend:Decrease 44.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 69.95 (%).Trend:Decrease 32.75% than previous quarter

Overall: decreasing (-62.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 270.1 (%).Trend:Increase 219.87% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 152.58 (%).Trend:Decrease 43.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 99.99 (%).Trend:Decrease 34.47% than previous quarter

Overall: decreasing (-62.98%). 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 -188.24 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -102.49 (%).Trend:Decrease 45.55% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -69.65 (%).Trend:Decrease 32.04% than previous quarter

Overall: increasing (-63.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.44 (%).Trend:Increase 4.45% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.45 (%).Trend:Increase 0.08% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.03 (%).Trend:Decrease 3.37% than previous quarter

Overall: decreasing (-3.3%). 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 -27.43 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -27.75 (%).Trend:Increase 1.17% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -28.37 (%).Trend:Increase 2.23% than previous quarter

Overall: decreasing (3.43%). Fluctuation: **Significant** (high variation).

Earning Per Share


The provided financial statements show significant volatility in key financial ratios across Q1-Q3 2020.  Liabilities and current assets on revenue are both decreasing overall, but with substantial fluctuations between quarters.  The ratio of retained earnings to revenue demonstrates a notable increase despite significant quarterly variation. The selling, general, and administrative (SG&A) expense ratio is relatively stable, decreasing slightly.  Investment efficiency, as measured by retained earnings on assets, displays a negative overall trend with notable quarterly variation.  These findings highlight the need for a deeper investigation into the underlying drivers of these fluctuations.