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 79.77 (%).Trend:Increase 88.09% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 47.94 (%).Trend:Decrease 39.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 36.94 (%).Trend:Decrease 22.95% than previous quarter

Overall: decreasing (-53.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 128.0 (%).Trend:Increase 161.97% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 73.15 (%).Trend:Decrease 42.85% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 42.94 (%).Trend:Decrease 41.3% than previous quarter

Overall: decreasing (-66.45%). 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 -1701.04 (%).Trend:Increase 229.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -900.03 (%).Trend:Decrease 47.09% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -524.1 (%).Trend:Decrease 41.77% than previous quarter

Overall: increasing (-69.19%). 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 -218.34 (%).Trend:Increase 38.54% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -216.51 (%).Trend:Decrease 0.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -212.96 (%).Trend:Decrease 1.64% than previous quarter

Overall: increasing (-2.46%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 84.85% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.05 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.06 (USD).Trend:Decrease 220.0% than previous quarter

Overall: increasing (-220.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 reveal significant volatility in working capital efficiency. Liabilities on revenue decreased from 79.77% to 36.94%, exhibiting substantial fluctuations. Current assets on revenue also declined sharply.  Cost efficiency is highlighted by a large increase (negative value) in the ratio of retained earnings to revenue, fluctuating greatly from quarter to quarter.  Investment efficiency demonstrates a slight increase in retained earnings on assets but with considerable volatility. Earnings per share show a shift from negative to positive values with extreme quarter-to-quarter variations.