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 181.8 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 81.01 (%).Trend:Decrease 55.44% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 46.04 (%).Trend:Decrease 43.17% than previous quarter

Overall: decreasing (-74.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 234.75 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 105.54 (%).Trend:Decrease 55.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 60.23 (%).Trend:Decrease 42.93% than previous quarter

Overall: decreasing (-74.34%). 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 540.5 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 253.64 (%).Trend:Decrease 53.07% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 156.19 (%).Trend:Decrease 38.42% than previous quarter

Overall: decreasing (-71.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.78 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.24 (%).Trend:Increase 12.17% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.19 (%).Trend:Decrease 1.18% than previous quarter

Overall: increasing (10.85%). 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 51.22 (%).Trend:Decrease 3.78% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 51.24 (%).Trend:Increase 0.04% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 51.57 (%).Trend:Increase 0.64% than previous quarter

Overall: increasing (0.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.54 (USD).Trend:Increase 42.11% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.41 (USD).Trend:Decrease 24.07% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.43 (USD).Trend:Increase 4.88% than previous quarter

Overall: increasing (-20.37%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 shows significant decreases in working capital efficiency, liabilities on revenue, and current assets on revenue. The ratio of retained earnings to revenue also decreased significantly.  However, Selling, General, and Administrative (SG&A) expense ratio showed a slight increase, and investment efficiency (retained earnings on assets) showed a small increase. Earnings per share, while increasing overall, experienced substantial fluctuations.