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 44.16 (%).Trend:Increase 186.75% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 16.61 (%).Trend:Decrease 62.39% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 15.21 (%).Trend:Decrease 8.43% than previous quarter

Overall: decreasing (-65.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 118.13 (%).Trend:Increase 343.1% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 38.45 (%).Trend:Decrease 67.45% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 26.86 (%).Trend:Decrease 30.14% than previous quarter

Overall: decreasing (-77.26%). 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 -7.89 (%).Trend:Increase 304.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -4.0 (%).Trend:Decrease 49.3% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -3.58 (%).Trend:Decrease 10.5% than previous quarter

Overall: increasing (-54.63%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 3.86% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.54 (%).Trend:Increase 7.33% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.0 (%).Trend:Increase 10.13% than previous quarter

Overall: increasing (18.2%). 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 -1.61 (%).Trend:Increase 21.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.72 (%).Trend:Increase 6.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -2.2 (%).Trend:Increase 27.91% than previous quarter

Overall: decreasing (36.65%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1-Q3 2020 show significant fluctuations. Liabilities on revenue decreased by -65.56% with high variation. Current assets on revenue also decreased substantially by -77.26%. Cost efficiency shows a significant, yet still increasing trend of retained earnings to revenue, -54.63%, with high variation. Investment efficiency decreased by 36.65%, exhibiting high variation.  Selling, General & Administrative (SG&A) Expense Ratio, however, demonstrates a more stable increase.