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 55.35 (%).Trend:Increase 187.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 29.28 (%).Trend:Decrease 47.1% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23.12 (%).Trend:Decrease 21.04% than previous quarter

Overall: decreasing (-58.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 189.89 (%).Trend:Increase 316.97% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 105.85 (%).Trend:Decrease 44.26% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 97.58 (%).Trend:Decrease 7.81% than previous quarter

Overall: decreasing (-48.61%). 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 50.6 (%).Trend:Increase 246.1% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 21.13 (%).Trend:Decrease 58.24% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 11.08 (%).Trend:Decrease 47.56% than previous quarter

Overall: decreasing (-78.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45.47 (%).Trend:Increase 9.25% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.08 (%).Trend:Increase 7.94% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.32 (%).Trend:Decrease 3.59% than previous quarter

Overall: increasing (4.07%). 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 6.4 (%).Trend:Decrease 5.74% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 4.51 (%).Trend:Decrease 29.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.3 (%).Trend:Decrease 26.83% than previous quarter

Overall: decreasing (-48.44%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 to Q3 2020 show significant fluctuations in key financial metrics. Liabilities and current assets on revenue both decreased, but with large quarter-over-quarter changes. The ratio of retained earnings to revenue showed a considerable decrease. Investment efficiency also demonstrates a notable decrease. Conversely, selling, general, and administrative (SG&A) expenses show a modest increase with slight variation between quarters. The substantial volatility demands immediate further investigation.