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 99.3 (%).Trend:Increase 248.18% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 54.14 (%).Trend:Decrease 45.48% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 35.81 (%).Trend:Decrease 33.86% than previous quarter

Overall: decreasing (-63.94%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 167.45 (%).Trend:Increase 241.73% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 88.22 (%).Trend:Decrease 47.32% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 59.33 (%).Trend:Decrease 32.75% than previous quarter

Overall: decreasing (-64.57%). 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 11.94 (%).Trend:Increase 181.6% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 2.44 (%).Trend:Decrease 79.56% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 3.64 (%).Trend:Increase 49.18% than previous quarter

Overall: decreasing (-69.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.61 (%).Trend:Increase 47.4% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.81 (%).Trend:Increase 6.36% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.95 (%).Trend:Decrease 18.64% than previous quarter

Overall: decreasing (-13.46%). Fluctuation: **Neutral** (moderate 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 2.15 (%).Trend:Decrease 29.51% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 0.79 (%).Trend:Decrease 63.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 2.04 (%).Trend:Increase 158.23% than previous quarter

Overall: decreasing (-5.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.12 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.42 (USD).Trend:Increase 250.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.14 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (16.67%). Fluctuation: **Significant** (high variation).



Significant fluctuations are observed across various financial metrics from Q1 2020 to Q3 2020.  Working capital efficiency shows substantial decreases in both liabilities and current assets relative to revenue.  Cost efficiency, measured by retained earnings to revenue, also exhibits a significant downward trend with high volatility.  Selling, general, and administrative (SG&A) expenses show a decrease, but with less extreme variation.  Investment efficiency, as measured by retained earnings on assets, exhibits a fluctuating trend.  Earnings per share are consistently negative and exhibit substantial variation. Overall, the financial performance displays significant volatility across all key indicators.