Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 -1695.03 (%).Trend:Increase 2009.82% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -546.98 (%).Trend:Decrease 67.73% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -505.32 (%).Trend:Decrease 7.62% than previous quarter

Overall: increasing (-70.19%). 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 -8.19 (%).Trend:Increase 594.07% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -4.43 (%).Trend:Decrease 45.91% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -3.2 (%).Trend:Decrease 27.77% than previous quarter

Overall: increasing (-60.93%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -3.0 (USD).Trend:Decrease 400.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.7 (USD).Trend:Decrease 43.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.44 (USD).Trend:Decrease 15.29% than previous quarter

Overall: increasing (-52.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 2020 show highly variable and concerning results. The ratio of retained earnings to revenue shows significant fluctuating and negative values throughout the three quarters, with a negative overall trend (-70.19%).  Similarly, Retained Earnings on Assets show a negative overall trend (-60.93%) with large quarter-to-quarter fluctuations. Earnings per share also follow a negative overall trend (-52.0%) and considerable swings between quarters.  These results suggest significant financial challenges.