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 45.51 (%).Trend:Increase 140.54% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 30.15 (%).Trend:Decrease 33.75% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.65 (%).Trend:Decrease 28.19% than previous quarter

Overall: decreasing (-52.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 135.02 (%).Trend:Increase 164.07% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 77.06 (%).Trend:Decrease 42.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 57.77 (%).Trend:Decrease 25.03% than previous quarter

Overall: decreasing (-57.21%). 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 101.87 (%).Trend:Increase 271.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 55.03 (%).Trend:Decrease 45.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 40.97 (%).Trend:Decrease 25.55% than previous quarter

Overall: decreasing (-59.78%). 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 7.74 (%).Trend:Increase 30.08% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.7 (%).Trend:Decrease 0.52% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 9.01 (%).Trend:Increase 17.01% than previous quarter

Overall: increasing (16.41%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2020 to Q3 2020 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue decreased by 52.43%, but with high quarter-to-quarter variation.  Similarly, current assets on revenue decreased by 57.21% with significant volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, also decreased by 59.78% with high fluctuation.  Conversely, investment efficiency, as measured by retained earnings on assets, showed a slight overall increase (16.41%) with minimal variation.  Further analysis is needed to understand the causes of these trends and potential outliers.