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 63.9 (%).Trend:Increase 273.03% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 45.36 (%).Trend:Decrease 29.01% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 26.97 (%).Trend:Decrease 40.54% than previous quarter

Overall: decreasing (-57.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 167.28 (%).Trend:Increase 630.8% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 44.94 (%).Trend:Decrease 73.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 29.41 (%).Trend:Decrease 34.56% than previous quarter

Overall: decreasing (-82.42%). 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 -98.86 (%).Trend:Increase 339.38% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -100.08 (%).Trend:Increase 1.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -59.43 (%).Trend:Decrease 40.62% than previous quarter

Overall: increasing (-39.88%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.98 (%).Trend:Decrease 1.33% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 28.31 (%).Trend:Increase 23.19% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 27.08 (%).Trend:Decrease 4.34% than previous quarter

Overall: increasing (17.84%). 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 -10.77 (%).Trend:Increase 10.69% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -17.45 (%).Trend:Increase 62.02% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -18.04 (%).Trend:Increase 3.38% than previous quarter

Overall: decreasing (67.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -4.0 (USD).Trend:Increase 33.33% than previous quarter

Overall: decreasing (300.0%). Fluctuation: **Significant** (high variation).



The provided financial statements detail a complex financial picture for 2020.  Working capital efficiency shows substantial decreases in liabilities and current assets relative to revenue, with significant fluctuation.  Cost efficiency shows significant fluctuation in retained earnings to revenue.  SG&A expense ratio shows a moderate increase. Investment efficiency shows a substantial decrease in retained earnings on assets. Earnings per share also experienced significant decline.