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 277.94 (%).Trend:Increase 211.8% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 135.04 (%).Trend:Decrease 51.41% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60.79 (%).Trend:Decrease 54.98% than previous quarter

Overall: decreasing (-78.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 217.7 (%).Trend:Increase 271.63% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 105.69 (%).Trend:Decrease 51.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 77.45 (%).Trend:Decrease 26.72% than previous quarter

Overall: decreasing (-64.42%). 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 -21.03 (%).Trend:Increase 814.35% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -11.57 (%).Trend:Decrease 44.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -7.73 (%).Trend:Decrease 33.19% than previous quarter

Overall: increasing (-63.24%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.35 (%).Trend:Increase 0.47% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.75 (%).Trend:Increase 10.28% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.24 (%).Trend:Decrease 1.98% than previous quarter

Overall: increasing (8.09%). 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 -2.69 (%).Trend:Increase 186.17% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -2.99 (%).Trend:Increase 11.15% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -3.01 (%).Trend:Increase 0.67% than previous quarter

Overall: decreasing (11.9%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 86.6% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.17 (USD).Trend:Increase 30.77% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.17 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (30.77%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 show significant declines in working capital efficiency, reflected in decreasing liabilities and current assets on revenue.  The ratio of retained earnings to revenue demonstrates an increasing trend, though with significant fluctuation.  SG&A expense ratio exhibits little fluctuation, increasing overall. Invest efficiency displays a decreasing trend with high variability.  Earning per share also shows a decreasing trend, with substantial quarterly swings.