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 116.49 (%).Trend:Increase 221.17% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 80.99 (%).Trend:Decrease 30.47% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 48.93 (%).Trend:Decrease 39.59% than previous quarter

Overall: decreasing (-58.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 99.52 (%).Trend:Increase 254.29% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 52.43 (%).Trend:Decrease 47.32% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 33.91 (%).Trend:Decrease 35.32% than previous quarter

Overall: decreasing (-65.93%). 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 -42.45 (%).Trend:Increase 218.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -27.56 (%).Trend:Decrease 35.08% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -16.23 (%).Trend:Decrease 41.11% than previous quarter

Overall: increasing (-61.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -7.03 (%).Trend:Increase 0.14% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -7.58 (%).Trend:Increase 7.82% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -7.22 (%).Trend:Decrease 4.75% than previous quarter

Overall: decreasing (2.7%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial statements for Q1 2020 to Q3 2020 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue increased dramatically in Q1 2020 before decreasing in subsequent quarters, while current assets on revenue also saw significant increases and decreases across the same period.  Cost efficiency, as measured by the ratio of retained earnings to revenue, exhibited a similar pattern of substantial fluctuations, though trending upward. Investment efficiency, measured by retained earnings on assets, also shows significant volatility, with a slight downward trend overall.  These trends suggest unstable financial performance with significant variability across the three quarters.