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 87.59 (%).Trend:Increase 224.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 93.72 (%).Trend:Increase 7.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 66.68 (%).Trend:Decrease 28.85% than previous quarter

Overall: decreasing (-23.87%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 669.15 (%).Trend:Increase 108.49% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 649.36 (%).Trend:Decrease 2.96% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 443.36 (%).Trend:Decrease 31.72% than previous quarter

Overall: decreasing (-33.74%). Fluctuation: **Neutral** (moderate 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 -296.49 (%).Trend:Increase 86.91% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -175.95 (%).Trend:Decrease 40.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -127.03 (%).Trend:Decrease 27.8% than previous quarter

Overall: increasing (-57.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 63.6 (%).Trend:Increase 8.9% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 71.25 (%).Trend:Increase 12.03% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 73.15 (%).Trend:Increase 2.67% than previous quarter

Overall: increasing (15.02%). 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 -42.94 (%).Trend:Decrease 10.49% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -26.31 (%).Trend:Decrease 38.73% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -27.38 (%).Trend:Increase 4.07% than previous quarter

Overall: increasing (-36.24%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial data from Q1 to Q3 2020 reveals mixed trends. Liabilities on revenue decreased (-23.87%) with moderate fluctuation, while current assets on revenue also decreased (-33.74%) with moderate fluctuation. The ratio of retained earnings to revenue increased (-57.16%) with significant variation. SG&A expenses increased (15.02%) with little fluctuation. Retained earnings on assets increased (-36.24%) with significant fluctuation. The absence of Earnings Per Share data limits a comprehensive assessment. These indicators suggest potential challenges in asset utilization and profitability, alongside volatility in retained earnings.