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 79.77 (%).Trend:Increase 88.09% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 47.94 (%).Trend:Decrease 39.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.94 (%).Trend:Decrease 22.95% than previous quarter

Overall: decreasing (-53.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 128.0 (%).Trend:Increase 161.97% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 73.15 (%).Trend:Decrease 42.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 42.94 (%).Trend:Decrease 41.3% than previous quarter

Overall: decreasing (-66.45%). 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 -1701.04 (%).Trend:Increase 229.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -900.03 (%).Trend:Decrease 47.09% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -524.1 (%).Trend:Decrease 41.77% than previous quarter

Overall: increasing (-69.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -218.34 (%).Trend:Increase 38.54% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -216.51 (%).Trend:Decrease 0.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -212.96 (%).Trend:Decrease 1.64% than previous quarter

Overall: increasing (-2.46%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 84.85% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.05 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 220.0% than previous quarter

Overall: increasing (-220.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2020 to Q3 2020 reveals a highly volatile picture. Liabilities and current assets on revenue decreased, but with significant quarter-to-quarter fluctuations.  Cost efficiency, as measured by the retained earnings-to-revenue ratio, increased, but with large negative values and high variability.  Investment efficiency and earnings per share also exhibit large decreases.  Overall, the data points to substantial operational instability and likely negative trends across various financial measures, demanding urgent analysis and intervention to prevent continued decline.