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 76.55 (%).Trend:Increase 192.18% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 39.72 (%).Trend:Decrease 48.11% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.27 (%).Trend:Decrease 33.86% than previous quarter

Overall: decreasing (-65.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 135.98 (%).Trend:Increase 184.48% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 69.16 (%).Trend:Decrease 49.14% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.35 (%).Trend:Decrease 35.87% than previous quarter

Overall: decreasing (-67.38%). 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 104.24 (%).Trend:Increase 241.88% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 55.94 (%).Trend:Decrease 46.34% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 37.44 (%).Trend:Decrease 33.07% than previous quarter

Overall: decreasing (-64.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.35 (%).Trend:Increase 7.19% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.7 (%).Trend:Increase 4.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.56 (%).Trend:Decrease 1.61% than previous quarter

Overall: increasing (2.51%). 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 35.02 (%).Trend:Increase 13.15% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 36.44 (%).Trend:Increase 4.05% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 37.28 (%).Trend:Increase 2.31% than previous quarter

Overall: increasing (6.45%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1-Q3 2020 reveal significant volatility in working capital efficiency, with liabilities and current assets on revenue exhibiting substantial increases and decreases. Cost efficiency, particularly the ratio of retained earnings to revenue, is characterized by similar sharp fluctuations, indicating a highly dynamic profit margin. Conversely, Selling, General, and Administrative (SG&A) expenses remain relatively consistent, suggesting controlled operational costs. Finally, investment efficiency, reflected in retained earnings on assets, shows a steady growth trajectory, hinting at effective capital allocation strategies.