Working Capital Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 3: Liabilities on Revenue 21.54 (%).Trend:Decrease 29.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 60.62 (%).Trend:Increase 181.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 37.37 (%).Trend:Decrease 38.35% than previous quarter

Overall: increasing (73.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 35.95 (%).Trend:Decrease 31.43% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 106.63 (%).Trend:Increase 196.61% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 65.78 (%).Trend:Decrease 38.31% than previous quarter

Overall: increasing (82.98%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 0.52 (%).Trend:Decrease 32.47% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1.49 (%).Trend:Increase 186.54% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 1.14 (%).Trend:Decrease 23.49% than previous quarter

Overall: increasing (119.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.37 (%).Trend:Decrease 0.32% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.83 (%).Trend:Increase 1.47% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.29 (%).Trend:Increase 1.45% than previous quarter

Overall: increasing (2.93%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 3: Retained Earning on Assets 1.02 (%).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 0.99 (%).Trend:Decrease 2.94% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 1.24 (%).Trend:Increase 25.25% than previous quarter

Overall: increasing (21.57%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.94 (USD).Trend:Increase 53.12% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.79 (USD).Trend:Decrease 73.13% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.2 (USD).Trend:Increase 51.9% than previous quarter

Overall: decreasing (-59.18%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2019 to Q2 2020 showcases substantial volatility. Working capital efficiency, measured by liabilities and current assets on revenue, is increasing but fluctuates significantly. Cost efficiency, as shown by the retained earnings to revenue ratio, is exhibiting a significant upward trend, with substantial quarter-to-quarter changes. SG&A expense ratio is increasing gradually with little fluctuation. Investment efficiency shows a slight increase overall but with moderate fluctuations. Earnings per share show a significant downward trend with substantial variation.  Further investigation into these trends is crucial.