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 83.44 (%).Trend:Increase 184.49% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44.56 (%).Trend:Decrease 46.6% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 30.69 (%).Trend:Decrease 31.13% than previous quarter

Overall: decreasing (-63.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 390.68 (%).Trend:Increase 194.79% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 202.97 (%).Trend:Decrease 48.05% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 146.96 (%).Trend:Decrease 27.6% than previous quarter

Overall: decreasing (-62.38%). 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 77.39 (%).Trend:Increase 301.19% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 45.81 (%).Trend:Decrease 40.81% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 34.89 (%).Trend:Decrease 23.84% than previous quarter

Overall: decreasing (-54.92%). 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 13.06 (%).Trend:Increase 39.98% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.86 (%).Trend:Increase 13.78% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 16.41 (%).Trend:Increase 10.43% than previous quarter

Overall: increasing (25.65%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 61.43% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.59 (USD).Trend:Increase 118.52% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.91 (USD).Trend:Increase 54.24% than previous quarter

Overall: increasing (237.04%). Fluctuation: **Significant** (high variation).



Q1 2020 to Q3 2020 analysis shows significant fluctuation. Liabilities on revenue decreased (-63.22%), current assets on revenue decreased (-62.38%), and the ratio of retained earnings to revenue decreased (-54.92%), all significantly fluctuating.  Retained earnings on assets showed a moderate increase (25.65%), while earnings per share increased significantly (237.04%).