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 72.26 (%).Trend:Increase 207.49% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 37.81 (%).Trend:Decrease 47.68% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.03 (%).Trend:Decrease 31.16% than previous quarter

Overall: decreasing (-63.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 87.78 (%).Trend:Increase 218.16% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 48.08 (%).Trend:Decrease 45.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 32.47 (%).Trend:Decrease 32.47% than previous quarter

Overall: decreasing (-63.01%). 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 44.35 (%).Trend:Increase 192.74% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 26.17 (%).Trend:Decrease 40.99% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 18.14 (%).Trend:Decrease 30.68% than previous quarter

Overall: decreasing (-59.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 35.82 (%).Trend:Decrease 5.74% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 38.32 (%).Trend:Increase 6.98% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 38.48 (%).Trend:Increase 0.42% than previous quarter

Overall: increasing (7.43%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 depict substantial and fluctuating changes.  Liabilities and current assets on revenue significantly decreased (-63.98% and -63.01%, respectively), with high volatility. The ratio of retained earnings to revenue also decreased considerably (-59.1%), while investment efficiency (retained earnings on assets) increased (7.43%) with minor variation. Earnings per share (EPS) show a dramatic increase (200.0%) but with significant fluctuations.