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 114.87 (%).Trend:Increase 212.83% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 57.83 (%).Trend:Decrease 49.66% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.55 (%).Trend:Decrease 31.61% than previous quarter

Overall: decreasing (-65.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 313.44 (%).Trend:Increase 198.2% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 165.43 (%).Trend:Decrease 47.22% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 112.87 (%).Trend:Decrease 31.77% than previous quarter

Overall: decreasing (-63.99%). 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 -73.34 (%).Trend:Decrease 515.52% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -43.62 (%).Trend:Decrease 40.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -32.1 (%).Trend:Decrease 26.41% than previous quarter

Overall: increasing (-56.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.03 (%).Trend:Decrease 8.13% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.39 (%).Trend:Increase 2.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.39 (%).Trend:Increase 0.0% than previous quarter

Overall: increasing (2.4%). 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 -12.92 (%).Trend:Decrease 265.43% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -14.11 (%).Trend:Increase 9.21% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -15.04 (%).Trend:Increase 6.59% than previous quarter

Overall: decreasing (16.41%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -5.34 (USD).Trend:Decrease 64.28% than previous quarter
Year 2020 Quarter 2: Earning Per Share -5.57 (USD).Trend:Increase 4.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share -5.72 (USD).Trend:Increase 2.69% than previous quarter

Overall: decreasing (7.12%). Fluctuation: **Significant** (high variation).



Financial statements for Q1-Q3 2020 highlight substantial volatility in multiple areas. Liabilities and current assets on revenue decreased significantly but with large fluctuations. Cost efficiency, as represented by the retained earnings-to-revenue ratio, displayed an overall increasing negative trend with significant variations.  SG&A expense ratio showed a stable increasing trend. Investment efficiency shows a significant decreasing trend.  Earnings per share indicate a significant decreasing trend with fluctuations.