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 90.05 (%).Trend:Increase 213.76% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 46.9 (%).Trend:Decrease 47.92% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 33.34 (%).Trend:Decrease 28.91% than previous quarter

Overall: decreasing (-62.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 111.56 (%).Trend:Increase 268.06% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 49.35 (%).Trend:Decrease 55.76% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 36.0 (%).Trend:Decrease 27.05% than previous quarter

Overall: decreasing (-67.73%). 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 -54.72 (%).Trend:Increase 268.98% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -33.66 (%).Trend:Decrease 38.49% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -22.62 (%).Trend:Decrease 32.8% than previous quarter

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

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.11 (%).Trend:Increase 18.96% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.58 (%).Trend:Decrease 4.38% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.41 (%).Trend:Decrease 1.47% than previous quarter

Overall: decreasing (-5.78%). 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 -19.0 (%).Trend:Increase 10.85% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -22.52 (%).Trend:Increase 18.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -22.46 (%).Trend:Decrease 0.27% than previous quarter

Overall: decreasing (18.21%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.25 (USD).Trend:Decrease 92.38% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.71 (USD).Trend:Increase 184.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.68 (USD).Trend:Decrease 4.23% than previous quarter

Overall: decreasing (172.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency, measured by liabilities and current assets on revenue, decreased significantly in Q1-Q3 2020. Cost efficiency, measured by the ratio of retained earnings to revenue, showed significant volatility with negative values and substantial increases and decreases. Investment efficiency, with negative retained earnings on assets, exhibited considerable fluctuation.  Earnings per share were consistently negative, indicating losses throughout the period. Overall, the Q1-Q3 2020 financial performance appears highly volatile and problematic across all key areas.