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 46.58 (%).Trend:Increase 91.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 23.9 (%).Trend:Decrease 48.69% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 20.19 (%).Trend:Decrease 15.52% than previous quarter

Overall: decreasing (-56.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 171.73 (%).Trend:Increase 103.74% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 74.63 (%).Trend:Decrease 56.54% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 51.63 (%).Trend:Decrease 30.82% than previous quarter

Overall: decreasing (-69.94%). 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 187.28 (%).Trend:Increase 157.82% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 89.46 (%).Trend:Decrease 52.23% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 60.5 (%).Trend:Decrease 32.37% than previous quarter

Overall: decreasing (-67.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.9 (%).Trend:Decrease 8.9% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.77 (%).Trend:Decrease 1.46% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.76 (%).Trend:Decrease 0.11% than previous quarter

Overall: decreasing (-1.57%). 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 25.36 (%).Trend:Increase 4.79% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 26.46 (%).Trend:Increase 4.34% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 26.9 (%).Trend:Increase 1.66% than previous quarter

Overall: increasing (6.07%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance in 2020 shows a mixed bag.  Liabilities and current assets on revenue significantly decreased, indicating potential financial health improvement. However, the ratio of retained earnings to revenue also significantly decreased, suggesting a profitability concern.  Selling, general, and administrative (SG&A) expenses showed a modest decrease. Investment efficiency saw a slight upward trend in retained earnings on assets.