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 54.5 (%).Trend:Increase 227.52% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 42.52 (%).Trend:Decrease 21.98% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 28.12 (%).Trend:Decrease 33.87% than previous quarter

Overall: decreasing (-48.4%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 44.22 (%).Trend:Increase 596.38% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 31.23 (%).Trend:Decrease 29.38% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 16.06 (%).Trend:Decrease 48.58% than previous quarter

Overall: decreasing (-63.68%). 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 82.0 (%).Trend:Increase 222.45% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 63.87 (%).Trend:Decrease 22.11% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 41.19 (%).Trend:Decrease 35.51% than previous quarter

Overall: decreasing (-49.77%). 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 18.76 (%).Trend:Decrease 10.28% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 22.16 (%).Trend:Increase 18.12% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 22.45 (%).Trend:Increase 1.31% than previous quarter

Overall: increasing (19.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.22 (USD).Trend:Decrease 114.77% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.66 (USD).Trend:Increase 654.55% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.92 (USD).Trend:Increase 15.66% than previous quarter

Overall: decreasing (772.73%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize Q1-Q3 2020 financial performance. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all decreased significantly, indicating potential issues with working capital and cost efficiency. Conversely, retained earnings on assets showed slight growth, while earnings per share experienced a substantial decrease, suggesting profitability concerns.