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 58.18 (%).Trend:Increase 40.87% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 35.5 (%).Trend:Decrease 38.98% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.57 (%).Trend:Decrease 33.61% than previous quarter

Overall: decreasing (-59.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 518.19 (%).Trend:Increase 204.93% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 263.73 (%).Trend:Decrease 49.11% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 170.08 (%).Trend:Decrease 35.51% than previous quarter

Overall: decreasing (-67.18%). 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 971.68 (%).Trend:Increase 237.8% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 496.9 (%).Trend:Decrease 48.86% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 340.53 (%).Trend:Decrease 31.47% than previous quarter

Overall: decreasing (-64.95%). 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 86.0 (%).Trend:Increase 5.11% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 84.59 (%).Trend:Decrease 1.64% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 84.79 (%).Trend:Increase 0.24% than previous quarter

Overall: decreasing (-1.41%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.14 (USD).Trend:Decrease 187.47% than previous quarter
Year 2020 Quarter 2: Earning Per Share 5.56 (USD).Trend:Increase 77.07% than previous quarter
Year 2020 Quarter 3: Earning Per Share 9.43 (USD).Trend:Increase 69.6% than previous quarter

Overall: increasing (200.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 reveal significant fluctuations across several key metrics. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all show substantial decreases with considerable variation.  Retained earnings on assets show a minimal decrease with low variation.  Earnings per share increase considerably, with significant variation.  Detailed analysis is essential to understand the underlying factors driving these trends.