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 53.33 (%).Trend:Increase 162.45% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 43.59 (%).Trend:Decrease 18.26% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.43 (%).Trend:Decrease 32.48% than previous quarter

Overall: decreasing (-44.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 50.09 (%).Trend:Increase 268.04% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 28.4 (%).Trend:Decrease 43.3% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 18.89 (%).Trend:Decrease 33.49% than previous quarter

Overall: decreasing (-62.29%). 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 -0.89 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 1.91 (%).Trend:Decrease 314.61% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 2.8 (%).Trend:Increase 46.6% than previous quarter

Overall: increasing (-414.61%). 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 -0.18 (%).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 0.75 (%).Trend:Decrease 516.67% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.65 (%).Trend:Increase 120.0% than previous quarter

Overall: increasing (-1016.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.11 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.26 (USD).Trend:Increase 136.36% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 61.54% than previous quarter

Overall: increasing (281.82%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize Q1-Q3 2020 financial performance. Liabilities on revenue and current assets on revenue both decreased substantially. Conversely, the ratio of retained earnings to revenue and retained earnings on assets showed dramatic increases, despite volatility.  Earnings per share exhibited strong growth.  Further investigation into these fluctuations is crucial.