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 120.51 (%).Trend:Increase 148.83% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 56.83 (%).Trend:Decrease 52.84% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 38.2 (%).Trend:Decrease 32.78% than previous quarter

Overall: decreasing (-68.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 209.31 (%).Trend:Increase 261.63% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 112.22 (%).Trend:Decrease 46.39% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 63.54 (%).Trend:Decrease 43.38% than previous quarter

Overall: decreasing (-69.64%). 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 265.5 (%).Trend:Increase 176.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 145.73 (%).Trend:Decrease 45.11% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 90.1 (%).Trend:Decrease 38.17% than previous quarter

Overall: decreasing (-66.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.77 (%).Trend:Decrease 12.7% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.55 (%).Trend:Decrease 2.83% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.64 (%).Trend:Increase 1.19% than previous quarter

Overall: decreasing (-1.67%). 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 35.64 (%).Trend:Decrease 4.01% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 37.79 (%).Trend:Increase 6.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 35.91 (%).Trend:Decrease 4.97% than previous quarter

Overall: increasing (0.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.33 (USD).Trend:Decrease 58.18% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.53 (USD).Trend:Increase 90.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.55 (USD).Trend:Increase 40.32% than previous quarter

Overall: increasing (166.92%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 reveal significant fluctuations in working capital efficiency. Liabilities on revenue decreased substantially, but current assets on revenue showed a similar steep decline.  Cost efficiency suggests a substantial drop in retained earnings to revenue ratio, while the SG&A expense ratio decreased slightly.  Investment efficiency shows a modest increase in retained earnings on assets, while earning per share increased significantly.  The data demonstrates considerable volatility.