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 135.82 (%).Trend:Increase 316.37% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 60.37 (%).Trend:Decrease 55.55% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.4 (%).Trend:Decrease 31.42% than previous quarter

Overall: decreasing (-69.52%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 146.61 (%).Trend:Increase 232.22% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 78.27 (%).Trend:Decrease 46.61% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 60.96 (%).Trend:Decrease 22.12% than previous quarter

Overall: decreasing (-58.42%). 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 529.8 (%).Trend:Increase 253.2% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 265.03 (%).Trend:Decrease 49.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 173.65 (%).Trend:Decrease 34.48% than previous quarter

Overall: decreasing (-67.22%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.29 (%).Trend:Increase 40.92% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.01 (%).Trend:Decrease 14.91% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.14 (%).Trend:Decrease 6.69% than previous quarter

Overall: decreasing (-20.6%). Fluctuation: **Neutral** (moderate 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 32.31 (%).Trend:Increase 2.15% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 32.53 (%).Trend:Increase 0.68% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 32.78 (%).Trend:Increase 0.77% than previous quarter

Overall: increasing (1.45%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.55 (USD).Trend:Decrease 81.23% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.28 (USD).Trend:Increase 132.73% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.26 (USD).Trend:Increase 76.56% than previous quarter

Overall: increasing (310.91%). Fluctuation: **Significant** (high variation).



From Q1 2020 to Q3 2020, Liabilities on Revenue and Current Assets on Revenue decreased significantly with high variation.  The Ratio of Retained Earnings to Revenue also decreased significantly. SG&A Expense Ratio decreased moderately, while Retained Earnings on Assets increased slightly. Earnings Per Share increased significantly with high variation.