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 63.29 (%).Trend:Increase 164.26% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 35.86 (%).Trend:Decrease 43.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24.42 (%).Trend:Decrease 31.9% than previous quarter

Overall: decreasing (-61.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 126.71 (%).Trend:Increase 184.17% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 59.61 (%).Trend:Decrease 52.96% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 45.3 (%).Trend:Decrease 24.01% than previous quarter

Overall: decreasing (-64.25%). 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 258.5 (%).Trend:Increase 177.27% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 138.3 (%).Trend:Decrease 46.5% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 95.91 (%).Trend:Decrease 30.65% than previous quarter

Overall: decreasing (-62.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.77 (%).Trend:Decrease 14.0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.33 (%).Trend:Increase 5.73% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.9 (%).Trend:Increase 5.52% than previous quarter

Overall: increasing (11.57%). 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 71.27 (%).Trend:Increase 0.18% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 73.43 (%).Trend:Increase 3.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 70.73 (%).Trend:Decrease 3.68% than previous quarter

Overall: decreasing (-0.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.79 (USD).Trend:Decrease 58.85% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 84.81% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.23 (USD).Trend:Increase 52.74% than previous quarter

Overall: increasing (182.28%). Fluctuation: **Significant** (high variation).



Financial results for Q1-Q3 2020 show considerable volatility across most key metrics. Liabilities and current assets on revenue, and the ratio of retained earnings to revenue, all declined considerably with high quarterly variation. SG&A expense ratio demonstrates little variation, exhibiting a small increase. Investment efficiency remains relatively stable, with minor decreases. Earnings per share reveal a noteworthy upward trend, but with substantial quarterly fluctuations. Overall, the financial performance during this period displays high volatility.