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 55.79 (%).Trend:Increase 207.04% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 28.7 (%).Trend:Decrease 48.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 20.48 (%).Trend:Decrease 28.64% than previous quarter

Overall: decreasing (-63.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 68.53 (%).Trend:Increase 268.84% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 31.19 (%).Trend:Decrease 54.49% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 20.81 (%).Trend:Decrease 33.28% than previous quarter

Overall: decreasing (-69.63%). 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 131.34 (%).Trend:Increase 228.76% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 71.11 (%).Trend:Decrease 45.86% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 48.76 (%).Trend:Decrease 31.43% than previous quarter

Overall: decreasing (-62.87%). 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 37.17 (%).Trend:Decrease 1.51% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 39.97 (%).Trend:Increase 7.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 41.92 (%).Trend:Increase 4.88% than previous quarter

Overall: increasing (12.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.08 (USD).Trend:Decrease 69.66% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.17 (USD).Trend:Increase 100.93% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.76 (USD).Trend:Increase 73.27% than previous quarter

Overall: increasing (248.15%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2020 to Q3 2020 show significant fluctuations in working capital efficiency metrics. Liabilities and current assets on revenue are decreasing significantly, with substantial quarter-to-quarter variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, also shows a considerable downward trend with significant fluctuations. Investment efficiency, measured by retained earnings on assets, is increasing steadily with little variation.  Earnings per share are increasing overall, but with substantial variation.  The data points need further analysis to determine if outliers are present and to account for potential errors.