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 425.91 (%).Trend:Decrease 23.72% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 330.37 (%).Trend:Decrease 22.43% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 227.83 (%).Trend:Decrease 31.04% than previous quarter

Overall: decreasing (-46.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 2113.95 (%).Trend:Decrease 40.17% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 2161.15 (%).Trend:Increase 2.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 814.63 (%).Trend:Decrease 62.31% than previous quarter

Overall: decreasing (-61.46%). 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 -15528.06 (%).Trend:Decrease 14.41% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -10571.92 (%).Trend:Decrease 31.92% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -4512.03 (%).Trend:Decrease 57.32% than previous quarter

Overall: increasing (-70.94%). 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 -556.06 (%).Trend:Increase 37.94% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -411.8 (%).Trend:Decrease 25.94% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -461.86 (%).Trend:Increase 12.16% than previous quarter

Overall: increasing (-16.94%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2020 to Q3 2020 reveals significant fluctuations in financial ratios. Liabilities and current assets on revenue experienced overall decreases. The ratio of retained earnings to revenue shows an overall increase, despite consistently negative values and high volatility. Retained earnings on assets increased overall, though with considerable variability.