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 77.98 (%).Trend:Increase 209.69% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 42.27 (%).Trend:Decrease 45.79% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.45 (%).Trend:Decrease 37.43% than previous quarter

Overall: decreasing (-66.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 124.5 (%).Trend:Increase 227.72% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 92.28 (%).Trend:Decrease 25.88% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 41.93 (%).Trend:Decrease 54.56% than previous quarter

Overall: decreasing (-66.32%). 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 -13.44 (%).Trend:Increase 80.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -2.71 (%).Trend:Decrease 79.84% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -16.71 (%).Trend:Increase 516.61% than previous quarter

Overall: decreasing (24.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 43.49 (%).Trend:Increase 12.58% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.47 (%).Trend:Decrease 9.24% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 37.75 (%).Trend:Decrease 4.36% than previous quarter

Overall: decreasing (-13.2%). 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 -6.25 (%).Trend:Decrease 41.53% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.98 (%).Trend:Decrease 68.32% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -23.63 (%).Trend:Increase 1093.43% than previous quarter

Overall: decreasing (278.08%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1-Q3 2020 reveal substantial fluctuations in various financial metrics. Working capital efficiency, as measured by liabilities and current assets on revenue, shows a significant decrease. Cost efficiency, measured by the ratio of retained earnings to revenue, demonstrates significant quarterly fluctuations. SG&A expense ratio displays a consistent, although moderate, decrease. Investment efficiency, measured by retained earnings on assets, shows substantial quarterly variations.