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 43.58 (%).Trend:Increase 196.46% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 21.03 (%).Trend:Decrease 51.74% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.68 (%).Trend:Decrease 25.44% than previous quarter

Overall: decreasing (-64.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 152.96 (%).Trend:Increase 216.88% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 81.81 (%).Trend:Decrease 46.52% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 55.5 (%).Trend:Decrease 32.16% than previous quarter

Overall: decreasing (-63.72%). 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 162.18 (%).Trend:Increase 221.72% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 84.39 (%).Trend:Decrease 47.97% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 56.77 (%).Trend:Decrease 32.73% than previous quarter

Overall: decreasing (-65.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.54 (%).Trend:Increase 6.48% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.68 (%).Trend:Increase 1.64% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.28 (%).Trend:Decrease 4.61% than previous quarter

Overall: decreasing (-3.04%). Fluctuation: **Little** (low 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 37.71 (%).Trend:Increase 2.58% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 37.72 (%).Trend:Increase 0.03% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 38.07 (%).Trend:Increase 0.93% than previous quarter

Overall: increasing (0.95%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.5 (USD).Trend:Decrease 74.7% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 39.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.56 (USD).Trend:Increase 70.33% than previous quarter

Overall: increasing (137.33%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize several key financial metrics from Q1 2020 to Q3 2020. Liabilities and current assets on revenue both decreased significantly (-64.02% and -63.72% respectively), while the ratio of retained earnings to revenue also dropped sharply (-65%).  Conversely, retained earnings on assets showed a small, consistent increase (0.95%), and earnings per share increased substantially (137.33%), indicating improving profitability despite other negative trends. SG&A expenses also decreased slightly.