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 116.0 (%).Trend:Increase 200.05% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 60.96 (%).Trend:Decrease 47.45% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.26 (%).Trend:Decrease 32.32% than previous quarter

Overall: decreasing (-64.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 301.97 (%).Trend:Increase 215.51% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 188.57 (%).Trend:Decrease 37.55% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 135.85 (%).Trend:Decrease 27.96% than previous quarter

Overall: decreasing (-55.01%). 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 -115.2 (%).Trend:Increase 177.32% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -60.97 (%).Trend:Decrease 47.07% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -35.42 (%).Trend:Decrease 41.91% than previous quarter

Overall: increasing (-69.25%). 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 -23.97 (%).Trend:Decrease 27.84% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -22.35 (%).Trend:Decrease 6.76% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -19.0 (%).Trend:Decrease 14.99% than previous quarter

Overall: increasing (-20.73%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue decreased significantly from Q1 to Q3 2020, but then increased substantially in Q1 2021.  Current assets on revenue also decreased significantly from Q1 to Q3 2020, but increased sharply in Q1 2021.  Cost efficiency shows a significant overall increasing trend in the ratio of retained earnings to revenue, despite substantial quarter-to-quarter fluctuations.  Investment efficiency shows a consistent, albeit significant, decreasing trend in retained earnings on assets across the three quarters.