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 58.36 (%).Trend:Increase 287.0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 26.55 (%).Trend:Decrease 54.51% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 16.87 (%).Trend:Decrease 36.46% than previous quarter

Overall: decreasing (-71.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 160.62 (%).Trend:Increase 202.94% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 78.63 (%).Trend:Decrease 51.05% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 52.55 (%).Trend:Decrease 33.17% than previous quarter

Overall: decreasing (-67.28%). 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 301.45 (%).Trend:Increase 232.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 154.69 (%).Trend:Decrease 48.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 106.35 (%).Trend:Decrease 31.25% than previous quarter

Overall: decreasing (-64.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.25 (%).Trend:Increase 7.34% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.1 (%).Trend:Decrease 12.46% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.04 (%).Trend:Decrease 7.02% than previous quarter

Overall: decreasing (-18.61%). Fluctuation: **Neutral** (moderate 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 95.76 (%).Trend:Increase 3.87% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 97.07 (%).Trend:Increase 1.37% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 96.63 (%).Trend:Decrease 0.45% than previous quarter

Overall: increasing (0.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 60.96% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.55 (USD).Trend:Increase 112.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.14 (USD).Trend:Decrease 26.45% than previous quarter

Overall: increasing (56.16%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2020 to Q3 2020 reveal significant variations in several key performance indicators. Liabilities and current assets on revenue display substantial, downward trends.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also declines across the three quarters.  However, selling, general and administrative (SG&A) expense ratio decreases steadily, showing relatively low variation.  Invest efficiency, demonstrated by retained earning on assets, displays a slight uptrend. Earnings per share have experienced significant, fluctuating movements, with an overall upward trend.