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 254.88 (%).Trend:Increase 409.25% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 85.79 (%).Trend:Decrease 66.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 43.7 (%).Trend:Decrease 49.06% than previous quarter

Overall: decreasing (-82.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 284.93 (%).Trend:Increase 400.49% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 141.88 (%).Trend:Decrease 50.21% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 81.31 (%).Trend:Decrease 42.69% than previous quarter

Overall: decreasing (-71.46%). 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 288.66 (%).Trend:Increase 277.78% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 159.6 (%).Trend:Decrease 44.71% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 99.29 (%).Trend:Decrease 37.79% than previous quarter

Overall: decreasing (-65.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.53 (%).Trend:Increase 18.75% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.01 (%).Trend:Increase 6.98% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.68 (%).Trend:Decrease 6.13% than previous quarter

Overall: increasing (0.42%). 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 46.05 (%).Trend:Decrease 10.72% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 48.59 (%).Trend:Increase 5.52% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 50.87 (%).Trend:Increase 4.69% than previous quarter

Overall: increasing (10.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 89.04% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 12.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.41 (USD).Trend:Increase 192.86% than previous quarter

Overall: increasing (156.25%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2020 to Q3 2020 show significant fluctuations across all metrics. Liabilities on revenue and current assets on revenue decreased substantially. Cost efficiency, as measured by the Ratio of Retained Earnings to Revenue, shows a substantial decrease.  Selling, General & Administrative (SG&A) expense ratio shows a very slight overall increase. Investment efficiency shows a slight increase in Retained Earning on Assets, while Earnings per share demonstrates a substantial increase.