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 51.83 (%).Trend:Increase 208.33% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 26.42 (%).Trend:Decrease 49.03% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.34 (%).Trend:Decrease 30.58% than previous quarter

Overall: decreasing (-64.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 77.02 (%).Trend:Increase 229.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 37.5 (%).Trend:Decrease 51.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 26.2 (%).Trend:Decrease 30.13% than previous quarter

Overall: decreasing (-65.98%). 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 33.54 (%).Trend:Increase 210.84% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 17.94 (%).Trend:Decrease 46.51% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 12.88 (%).Trend:Decrease 28.21% than previous quarter

Overall: decreasing (-61.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.75 (%).Trend:Increase 3.76% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 29.94 (%).Trend:Decrease 5.7% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.16 (%).Trend:Decrease 2.61% than previous quarter

Overall: decreasing (-8.16%). 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 12.31 (%).Trend:Decrease 2.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 13.52 (%).Trend:Increase 9.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 14.5 (%).Trend:Increase 7.25% than previous quarter

Overall: increasing (17.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.12 (USD).Trend:Increase 35.65% than previous quarter
Year 2020 Quarter 2: Earning Per Share 11.58 (USD).Trend:Increase 271.15% than previous quarter
Year 2020 Quarter 3: Earning Per Share 22.64 (USD).Trend:Increase 95.51% than previous quarter

Overall: increasing (625.64%). Fluctuation: **Significant** (high variation).



Financial statements reveal significant fluctuations in working capital efficiency.  Liabilities and current assets on revenue saw substantial increases and decreases across the quarters.  Cost efficiency shows a decrease in the ratio of retained earnings to revenue and a small, steady decrease in the SG&A expense ratio.  Investment efficiency shows a moderate, steady increase in retained earnings on assets, while earning per share experienced very high growth.