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 61.92 (%).Trend:Increase 194.44% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 31.76 (%).Trend:Decrease 48.71% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.91 (%).Trend:Decrease 31.01% than previous quarter

Overall: decreasing (-64.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 99.69 (%).Trend:Increase 221.58% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 42.83 (%).Trend:Decrease 57.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 29.15 (%).Trend:Decrease 31.94% than previous quarter

Overall: decreasing (-70.76%). 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 68.36 (%).Trend:Increase 200.09% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 35.86 (%).Trend:Decrease 47.54% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 26.11 (%).Trend:Decrease 27.19% than previous quarter

Overall: decreasing (-61.81%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.27 (%).Trend:Increase 5.89% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.4 (%).Trend:Decrease 3.58% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.39 (%).Trend:Decrease 4.32% than previous quarter

Overall: decreasing (-7.75%). 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 16.74 (%).Trend:Decrease 16.38% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 18.36 (%).Trend:Increase 9.68% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 19.63 (%).Trend:Increase 6.92% than previous quarter

Overall: increasing (17.26%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 85.41% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.74 (USD).Trend:Increase 174.07% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.29 (USD).Trend:Increase 74.32% than previous quarter

Overall: increasing (377.78%). Fluctuation: **Significant** (high variation).



The data from Q1 2020 to Q3 2020 reveals significant fluctuations.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased substantially.  However, the SG&A expense ratio showed only a minor decrease, and retained earnings on assets increased gradually.  Earnings per share, meanwhile, showed considerable growth.