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 148.88 (%).Trend:Increase 230.62% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 87.83 (%).Trend:Decrease 41.01% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 51.83 (%).Trend:Decrease 40.99% than previous quarter

Overall: decreasing (-65.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 349.08 (%).Trend:Increase 267.68% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 200.16 (%).Trend:Decrease 42.66% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 113.51 (%).Trend:Decrease 43.29% than previous quarter

Overall: decreasing (-67.48%). 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 -122.93 (%).Trend:Increase 331.94% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -77.03 (%).Trend:Decrease 37.34% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -30.64 (%).Trend:Decrease 60.22% than previous quarter

Overall: increasing (-75.08%). 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 -23.15 (%).Trend:Increase 19.89% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -25.7 (%).Trend:Increase 11.02% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -19.65 (%).Trend:Decrease 23.54% than previous quarter

Overall: increasing (-15.12%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2020 to Q3 2020 reveals significant fluctuations in key financial metrics. Liabilities and current assets on revenue decreased substantially, indicating potential working capital challenges.  Conversely, the ratio of retained earnings to revenue improved, while retained earnings on assets showed slight improvement.  Further investigation is needed to understand the reasons behind these trends.