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 139.94 (%).Trend:Increase 313.41% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 50.6 (%).Trend:Decrease 63.84% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 34.55 (%).Trend:Decrease 31.72% than previous quarter

Overall: decreasing (-75.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 108.06 (%).Trend:Increase 254.06% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 37.83 (%).Trend:Decrease 64.99% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 30.47 (%).Trend:Decrease 19.46% than previous quarter

Overall: decreasing (-71.8%). 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 623.6 (%).Trend:Increase 172.72% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 345.89 (%).Trend:Decrease 44.53% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 246.22 (%).Trend:Decrease 28.82% than previous quarter

Overall: decreasing (-60.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.12 (%).Trend:Decrease 7.78% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.66 (%).Trend:Increase 40.57% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.38 (%).Trend:Decrease 5.65% than previous quarter

Overall: increasing (32.63%). Fluctuation: **Neutral** (moderate 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 152.83 (%).Trend:Decrease 6.22% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 172.76 (%).Trend:Increase 13.04% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 172.78 (%).Trend:Increase 0.01% than previous quarter

Overall: increasing (13.05%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.09 (USD).Trend:Decrease 106.72% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.12 (USD).Trend:Decrease 233.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.92 (USD).Trend:Increase 666.67% than previous quarter

Overall: increasing (-1122.22%). Fluctuation: **Significant** (high variation).



From Q1 2020 to Q3 2020, the company experienced a significant decrease in Liabilities on Revenue and Current Assets on Revenue, suggesting improved working capital management.  Ratio of Retained Earnings to Revenue also decreased significantly. The SG&A Expense Ratio increased moderately. Retained Earnings on Assets showed slight increases with minimal variation. Earnings Per Share exhibited significant increases despite an initial negative value.