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 111.14 (%).Trend:Increase 174.49% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 65.47 (%).Trend:Decrease 41.09% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 37.08 (%).Trend:Decrease 43.36% than previous quarter

Overall: decreasing (-66.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 245.8 (%).Trend:Increase 189.28% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 137.41 (%).Trend:Decrease 44.1% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 84.37 (%).Trend:Decrease 38.6% than previous quarter

Overall: decreasing (-65.68%). 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 -388.19 (%).Trend:Increase 146.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -182.25 (%).Trend:Decrease 53.05% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -97.96 (%).Trend:Decrease 46.25% than previous quarter

Overall: increasing (-74.76%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.14 (%).Trend:Decrease 5.75% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.14 (%).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.54 (%).Trend:Decrease 5.39% than previous quarter

Overall: decreasing (-5.39%). 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 -118.23 (%).Trend:Decrease 14.51% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -102.93 (%).Trend:Decrease 12.94% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -90.93 (%).Trend:Decrease 11.66% than previous quarter

Overall: increasing (-23.09%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.14 (USD).Trend:Decrease 12.5% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.27 (USD).Trend:Increase 92.86% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.6 (USD).Trend:Increase 122.22% than previous quarter

Overall: increasing (328.57%). Fluctuation: **Significant** (high variation).



The analysis of Q1 2020 to Q3 2020 data reveals significant fluctuations.  Liabilities on Revenue and Current assets on Revenue decreased sharply. The Ratio of Retained Earnings to Revenue, while remaining negative, increased overall, indicating potential improvement. SG&A expenses decreased slightly.  Retained Earning on Assets showed improvement despite being negative. Earning Per Share showed substantial growth.  Data covers three quarters.