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 55.94 (%).Trend:Increase 230.22% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 24.11 (%).Trend:Decrease 56.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 20.83 (%).Trend:Decrease 13.6% than previous quarter

Overall: decreasing (-62.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 166.41 (%).Trend:Increase 233.22% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 81.42 (%).Trend:Decrease 51.07% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 57.6 (%).Trend:Decrease 29.26% than previous quarter

Overall: decreasing (-65.39%). 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 145.79 (%).Trend:Increase 196.2% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 83.65 (%).Trend:Decrease 42.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 59.75 (%).Trend:Decrease 28.57% than previous quarter

Overall: decreasing (-59.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.38 (%).Trend:Decrease 3.92% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.33 (%).Trend:Increase 14.89% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Decrease 2.59% than previous quarter

Overall: increasing (11.91%). 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 42.18 (%).Trend:Decrease 8.34% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 45.11 (%).Trend:Increase 6.95% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 47.13 (%).Trend:Increase 4.48% than previous quarter

Overall: increasing (11.74%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 to Q3 2020 show significant variability in working capital efficiency.  Liabilities on revenue rose sharply in Q1, then declined considerably in subsequent quarters, resulting in a substantial overall decrease (-62.76%). Current assets on revenue also followed a similar pattern of significant fluctuation, decreasing overall (-65.39%).  Cost efficiency, as measured by the ratio of retained earnings to revenue, experienced a substantial decline (-59.02%) across all quarters. The selling, general, and administrative (SG&A) expense ratio rose marginally (11.91%) with little fluctuation.  Investment efficiency, reflected in retained earnings on assets, increased (11.74%) with limited fluctuation.