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 123.65 (%).Trend:Increase 239.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 59.84 (%).Trend:Decrease 51.61% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.87 (%).Trend:Decrease 33.37% than previous quarter

Overall: decreasing (-67.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 271.17 (%).Trend:Increase 225.61% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 133.59 (%).Trend:Decrease 50.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 102.31 (%).Trend:Decrease 23.41% than previous quarter

Overall: decreasing (-62.27%). 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 409.36 (%).Trend:Increase 222.53% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 200.28 (%).Trend:Decrease 51.07% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 132.17 (%).Trend:Decrease 34.01% than previous quarter

Overall: decreasing (-67.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27.24 (%).Trend:Increase 19.63% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.89 (%).Trend:Decrease 4.96% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.63 (%).Trend:Decrease 4.87% than previous quarter

Overall: decreasing (-9.58%). 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 76.89 (%).Trend:Increase 0.34% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 76.62 (%).Trend:Decrease 0.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 70.07 (%).Trend:Decrease 8.55% than previous quarter

Overall: decreasing (-8.87%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2020 to Q3 2020 reveal substantial fluctuations across all metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, shows significant decreases.  Cost efficiency, represented by the ratio of retained earnings to revenue, also decreases drastically.  The SG&A expense ratio, however, exhibits a stable, gradual decrease. Investment efficiency shows a steady downward trend.  The earnings per share data is missing, thus preventing any conclusive analysis of this segment.  The significant fluctuations and lack of earnings per share data necessitate further analysis to understand the underlying drivers of the instability.