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 54.51 (%).Trend:Increase 186.44% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 27.49 (%).Trend:Decrease 49.57% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21.36 (%).Trend:Decrease 22.3% than previous quarter

Overall: decreasing (-60.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 135.23 (%).Trend:Increase 232.02% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 74.8 (%).Trend:Decrease 44.69% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 56.65 (%).Trend:Decrease 24.26% than previous quarter

Overall: decreasing (-58.11%). 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 147.99 (%).Trend:Increase 236.72% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 70.15 (%).Trend:Decrease 52.6% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 51.17 (%).Trend:Decrease 27.06% than previous quarter

Overall: decreasing (-65.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.68 (%).Trend:Decrease 3.06% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.63 (%).Trend:Decrease 11.88% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.56 (%).Trend:Increase 4.11% than previous quarter

Overall: decreasing (-8.26%). 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 31.47 (%).Trend:Increase 11.16% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 33.46 (%).Trend:Increase 6.32% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 34.25 (%).Trend:Increase 2.36% than previous quarter

Overall: increasing (8.83%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.53 (USD).Trend:Decrease 63.19% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.07 (USD).Trend:Increase 290.57% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.76 (USD).Trend:Increase 33.33% than previous quarter

Overall: increasing (420.75%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 reveal fluctuating performance. Liabilities on revenue decreased significantly (-60.81%) with high variation. Current assets on revenue also decreased substantially (-58.11%) with high variation.  Retained earnings to revenue decreased significantly (-65.42%) with high variation. SG&A expense ratio decreased slightly (-8.26%) with low variation.  Investment efficiency shows a steady increase (8.83%) in retained earnings on assets with low variation. Earnings per share (EPS) increased substantially (420.75%) with high variation.