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 277.5 (%).Trend:Increase 267.36% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 68.43 (%).Trend:Decrease 75.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 52.17 (%).Trend:Decrease 23.76% than previous quarter

Overall: decreasing (-81.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 724.11 (%).Trend:Increase 458.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 159.19 (%).Trend:Decrease 78.02% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 106.14 (%).Trend:Decrease 33.32% than previous quarter

Overall: decreasing (-85.34%). 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 231.79 (%).Trend:Increase 33.47% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 27.62 (%).Trend:Decrease 88.08% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 10.71 (%).Trend:Decrease 61.22% than previous quarter

Overall: decreasing (-95.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 11.65 (%).Trend:Decrease 56.0% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 5.66 (%).Trend:Decrease 51.42% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.4 (%).Trend:Decrease 39.93% than previous quarter

Overall: decreasing (-70.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -4.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -6.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -6.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (50.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 2020 to Q3 2020 shows a consistent downward trend across various metrics. Liabilities on Revenue, Current assets on Revenue, Ratio of Retained Earnings to Revenue, and Retained Earning on Assets experience substantial, negative fluctuations.  A similarly declining trend is seen in Earnings Per Share.