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

Liabilities on Revenue
Year 2019 Quarter 2: Liabilities on Revenue 59.72 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 38.86 (%).Trend:Decrease 34.93% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 41.29 (%).Trend:Increase 6.25% than previous quarter

Overall: decreasing (-30.86%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 36.78 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 25.54 (%).Trend:Decrease 30.56% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 40.5 (%).Trend:Increase 58.57% than previous quarter

Overall: increasing (10.11%). Fluctuation: **Neutral** (moderate variation).


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

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 2: Ratio of Retained Earnings to Revenue -47.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -28.94 (%).Trend:Decrease 38.93% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -13.7 (%).Trend:Decrease 52.66% than previous quarter

Overall: increasing (-71.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.67 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.65 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.48 (%).Trend:Decrease 6.86% than previous quarter

Overall: decreasing (-6.92%). Fluctuation: **Little** (low variation).


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

Retained Earning on Assets
Year 2019 Quarter 2: Retained Earning on Assets -12.33 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -11.13 (%).Trend:Decrease 9.73% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -3.42 (%).Trend:Decrease 69.27% than previous quarter

Overall: increasing (-72.26%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.16 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.18 (USD).Trend:Increase 47.22% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.08 (USD).Trend:Decrease 34.59% than previous quarter

Overall: decreasing (-3.7%). Fluctuation: **Neutral** (moderate variation).



Financial data from Q2 2019 to Q3 2020 shows mixed performance, with fluctuating trends across various metrics. Liabilities on revenue show a downward trend, while current assets relative to revenue are increasing overall, although with fluctuations. Cost efficiency, as measured by retained earnings to revenue, exhibits an overall increasing pattern, but considerable quarter-to-quarter variations. Investment efficiency is also largely increasing, but fluctuating. Earnings per share display a decreasing trend.