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 54.01 (%).Trend:Increase 198.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 30.27 (%).Trend:Decrease 43.95% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 19.48 (%).Trend:Decrease 35.65% than previous quarter

Overall: decreasing (-63.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 79.66 (%).Trend:Increase 192.87% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 55.16 (%).Trend:Decrease 30.76% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 29.14 (%).Trend:Decrease 47.17% than previous quarter

Overall: decreasing (-63.42%). 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 54.04 (%).Trend:Increase 219.39% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 23.23 (%).Trend:Decrease 57.01% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 17.01 (%).Trend:Decrease 26.78% than previous quarter

Overall: decreasing (-68.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.29 (%).Trend:Increase 3.7% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.62 (%).Trend:Increase 4.53% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.79 (%).Trend:Increase 2.23% than previous quarter

Overall: increasing (6.86%). 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 22.66 (%).Trend:Increase 3.38% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 17.71 (%).Trend:Decrease 21.84% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 20.88 (%).Trend:Increase 17.9% than previous quarter

Overall: decreasing (-7.86%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.42 (USD).Trend:Decrease 64.71% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.63 (USD).Trend:Decrease 488.1% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.79 (USD).Trend:Decrease 51.53% than previous quarter

Overall: decreasing (-288.1%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2020 show a significant decrease in working capital efficiency and cost efficiency, with significant fluctuations in liabilities, current assets, and the ratio of retained earnings to revenue. Selling, General & Administrative (SG&A) expense shows a relatively stable increase. Investment efficiency shows minimal variation, and earnings per share reveal substantial decreases, highlighting substantial instability in profitability.