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 147.49 (%).Trend:Increase 247.44% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 78.92 (%).Trend:Decrease 46.49% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 53.07 (%).Trend:Decrease 32.75% than previous quarter

Overall: decreasing (-64.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 206.02 (%).Trend:Increase 191.57% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 113.85 (%).Trend:Decrease 44.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 76.45 (%).Trend:Decrease 32.85% than previous quarter

Overall: decreasing (-62.89%). 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 41.1 (%).Trend:Increase 175.1% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 23.18 (%).Trend:Decrease 43.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 14.44 (%).Trend:Decrease 37.7% than previous quarter

Overall: decreasing (-64.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.35 (%).Trend:Increase 26.18% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.01 (%).Trend:Decrease 0.69% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.59 (%).Trend:Decrease 6.98% than previous quarter

Overall: decreasing (-7.62%). 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 5.37 (%).Trend:Decrease 10.8% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 5.38 (%).Trend:Increase 0.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 5.14 (%).Trend:Decrease 4.46% than previous quarter

Overall: decreasing (-4.28%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 87.9% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.34 (USD).Trend:Increase 126.67% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.53 (USD).Trend:Increase 55.88% than previous quarter

Overall: increasing (253.33%). Fluctuation: **Significant** (high variation).



2020 Q1-Q3 financial performance exhibits significant volatility. Working capital efficiency, with substantial declines in liabilities and current assets, indicates possible short-term liquidity challenges.  Cost efficiency, measured by the declining ratio of retained earnings to revenue, shows significant fluctuations.  Invest efficiency, indicated by retained earnings on assets, exhibits less dramatic fluctuations. Earnings per share demonstrates significant changes, rising quickly in the later quarters. SG&A expense ratio trended downward.