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 48.99 (%).Trend:Increase 167.7% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 27.65 (%).Trend:Decrease 43.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 18.44 (%).Trend:Decrease 33.31% than previous quarter

Overall: decreasing (-62.36%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 234.35 (%).Trend:Increase 208.52% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 138.12 (%).Trend:Decrease 41.06% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 85.45 (%).Trend:Decrease 38.13% than previous quarter

Overall: decreasing (-63.54%). 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 94.72 (%).Trend:Increase 231.54% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 52.0 (%).Trend:Decrease 45.1% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 38.47 (%).Trend:Decrease 26.02% than previous quarter

Overall: decreasing (-59.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.28 (%).Trend:Decrease 23.64% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.61 (%).Trend:Increase 2.31% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.68 (%).Trend:Increase 0.48% than previous quarter

Overall: increasing (2.8%). 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 15.03 (%).Trend:Increase 11.5% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 15.96 (%).Trend:Increase 6.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 18.42 (%).Trend:Increase 15.41% than previous quarter

Overall: increasing (22.55%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Significant declines were observed in Liabilities on Revenue (-62.36%), Current Assets on Revenue (-63.54%), and Ratio of Retained Earnings to Revenue (-59.39%) from Q1 2020 to Q3 2020, indicating potential concerns.  However, the relatively stable SG&A Expense Ratio (2.8% increase) and the positive trend in Retained Earnings on Assets (22.55% increase) offer some positive indicators.  High variation is noted in most metrics.