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 163.42 (%).Trend:Increase 313.62% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 87.31 (%).Trend:Decrease 46.57% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60.69 (%).Trend:Decrease 30.49% than previous quarter

Overall: decreasing (-62.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 421.51 (%).Trend:Increase 183.27% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 284.21 (%).Trend:Decrease 32.57% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 194.48 (%).Trend:Decrease 31.57% than previous quarter

Overall: decreasing (-53.86%). 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 -326.51 (%).Trend:Increase 135.07% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -179.11 (%).Trend:Decrease 45.14% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -62.75 (%).Trend:Decrease 64.97% than previous quarter

Overall: increasing (-80.78%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 37.3 (%).Trend:Decrease 5.45% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.94 (%).Trend:Increase 4.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.5 (%).Trend:Decrease 1.13% than previous quarter

Overall: increasing (3.22%). 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 -34.71 (%).Trend:Decrease 8.85% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -31.47 (%).Trend:Decrease 9.33% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -14.35 (%).Trend:Decrease 54.4% than previous quarter

Overall: increasing (-58.66%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.45 (USD).Trend:Decrease 304.55% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.29 (USD).Trend:Decrease 35.56% than previous quarter
Year 2020 Quarter 3: Earning Per Share 4.63 (USD).Trend:Increase 1496.55% than previous quarter

Overall: increasing (928.89%). Fluctuation: **Significant** (high variation).



The analysis of Q1-Q3 2020 reveals considerable volatility. Liabilities and current assets on revenue decreased significantly. The ratio of retained earnings to revenue increased negatively, as did retained earnings on assets. However, SG&A expenses remained relatively stable.  Earnings per share exhibited dramatic increases.