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 61.2 (%).Trend:Increase 166.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 42.75 (%).Trend:Decrease 30.15% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 29.3 (%).Trend:Decrease 31.46% than previous quarter

Overall: decreasing (-52.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 93.94 (%).Trend:Increase 345.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 62.1 (%).Trend:Decrease 33.89% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 45.71 (%).Trend:Decrease 26.39% than previous quarter

Overall: decreasing (-51.34%). 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 24.77 (%).Trend:Increase 217.56% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 9.94 (%).Trend:Decrease 59.87% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 8.87 (%).Trend:Decrease 10.76% than previous quarter

Overall: decreasing (-64.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.25 (%).Trend:Decrease 3.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.27 (%).Trend:Increase 9.75% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.87 (%).Trend:Decrease 5.3% than previous quarter

Overall: increasing (3.93%). 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 5.24 (%).Trend:Increase 5.43% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 3.27 (%).Trend:Decrease 37.6% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 4.67 (%).Trend:Increase 42.81% than previous quarter

Overall: decreasing (-10.88%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 67.57% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.42 (USD).Trend:Decrease 450.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.01 (USD).Trend:Decrease 102.38% than previous quarter

Overall: decreasing (-91.67%). Fluctuation: **Significant** (high variation).



Working capital efficiency in Q1-Q3 2020 shows significant fluctuation. Liabilities on revenue decreased from 61.2% in Q1 to 29.3% in Q3, while current assets on revenue also decreased, from 93.94% in Q1 to 45.71% in Q3.  Cost efficiency reveals a significant drop in the ratio of retained earnings to revenue, from 24.77% in Q1 to 8.87% in Q3.  SG&A expense ratio shows a slight increase overall. Invest efficiency shows a negative trend in retained earnings on assets, while earnings per share demonstrate significant decline.