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 87.22 (%).Trend:Increase 245.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 39.55 (%).Trend:Decrease 54.65% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.38 (%).Trend:Decrease 40.88% than previous quarter

Overall: decreasing (-73.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 92.28 (%).Trend:Increase 251.54% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 39.35 (%).Trend:Decrease 57.36% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 23.71 (%).Trend:Decrease 39.75% than previous quarter

Overall: decreasing (-74.31%). 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 25.41 (%).Trend:Increase 161.69% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 13.87 (%).Trend:Decrease 45.42% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 9.59 (%).Trend:Decrease 30.86% than previous quarter

Overall: decreasing (-62.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.22 (%).Trend:Increase 12.32% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.6 (%).Trend:Decrease 5.07% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.05 (%).Trend:Decrease 4.74% than previous quarter

Overall: decreasing (-9.57%). 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 14.75 (%).Trend:Decrease 18.82% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 17.05 (%).Trend:Increase 15.59% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.08 (%).Trend:Increase 11.91% than previous quarter

Overall: increasing (29.36%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -4.0 (USD).Trend:Decrease 300.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Decrease 25.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.0 (USD).Trend:Decrease 33.33% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 show significant fluctuations. Working capital efficiency, with liabilities and current assets on revenue declining by substantial percentages (-73.19% and -74.31% respectively), indicates potential operational challenges. Cost efficiency saw a substantial decrease (-62.26%) in retained earnings to revenue, but SG&A expense ratio showed a smaller decline (-9.57%). Investment efficiency, in retained earnings on assets, saw an increase (29.36%), and earnings per share had a substantial decrease (-50%) .