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 60.62 (%).Trend:Increase 181.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 37.37 (%).Trend:Decrease 38.35% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 27.67 (%).Trend:Decrease 25.96% than previous quarter

Overall: decreasing (-54.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 106.63 (%).Trend:Increase 196.61% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 65.78 (%).Trend:Decrease 38.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 48.72 (%).Trend:Decrease 25.93% than previous quarter

Overall: decreasing (-54.31%). 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 1.49 (%).Trend:Increase 186.54% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 1.14 (%).Trend:Decrease 23.49% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 1.12 (%).Trend:Decrease 1.75% than previous quarter

Overall: decreasing (-24.83%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.83 (%).Trend:Increase 1.47% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.29 (%).Trend:Increase 1.45% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.61 (%).Trend:Increase 0.99% than previous quarter

Overall: increasing (2.45%). 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 0.99 (%).Trend:Decrease 2.94% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 1.24 (%).Trend:Increase 25.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.67 (%).Trend:Increase 34.68% than previous quarter

Overall: increasing (68.69%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.79 (USD).Trend:Decrease 73.13% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.2 (USD).Trend:Increase 51.9% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.88 (USD).Trend:Increase 56.67% than previous quarter

Overall: increasing (137.97%). Fluctuation: **Significant** (high variation).



Q1 2020 to Q3 2020 financial data reveals significant fluctuations. Liabilities on revenue and current assets on revenue are decreasing substantially, suggesting potential issues with working capital management, with significant variation.  The ratio of retained earnings to revenue and earning per share are showing increasing trends, but with high variation.  SG&A expense ratio is increasing with minimal variation.  Return on assets is increasing with high volatility.