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 83.15 (%).Trend:Increase 159.11% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 46.96 (%).Trend:Decrease 43.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 32.41 (%).Trend:Decrease 30.98% than previous quarter

Overall: decreasing (-61.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 532.54 (%).Trend:Increase 243.33% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 305.9 (%).Trend:Decrease 42.56% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 194.89 (%).Trend:Decrease 36.29% than previous quarter

Overall: decreasing (-63.4%). 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 776.7 (%).Trend:Increase 200.3% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 451.96 (%).Trend:Decrease 41.81% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 302.26 (%).Trend:Decrease 33.12% than previous quarter

Overall: decreasing (-61.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.75 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.55 (%).Trend:Increase 10.75% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.52 (%).Trend:Decrease 0.16% than previous quarter

Overall: increasing (10.57%). 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 46.55 (%).Trend:Increase 5.65% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 46.41 (%).Trend:Decrease 0.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 47.09 (%).Trend:Increase 1.47% than previous quarter

Overall: increasing (1.16%). Fluctuation: **Little** (low variation).

Earning Per Share


The 2020 financial data reveals a complex financial picture with significant fluctuations. Liabilities and current assets on revenue both fell sharply and erratically.  The ratio of retained earnings to revenue also declined substantially with considerable quarter-to-quarter variation.  However, the SG&A expense ratio displayed a more stable increase.  Investment efficiency, measured by retained earnings on assets, rose slightly, exhibiting little variability.  The mixed trends highlight the need for further analysis to understand the underlying causes of these changes.