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 32.09 (%).Trend:Decrease 51.55% than previous quarter
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

Overall: increasing (46.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 155.11 (%).Trend:Decrease 39.23% than previous quarter
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

Overall: increasing (97.21%). 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 258.64 (%).Trend:Decrease 31.82% than previous quarter
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

Overall: increasing (74.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.76 (%).Trend:Increase 2.13% than previous quarter
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

Overall: increasing (10.68%). 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 44.06 (%).Trend:Increase 5.71% than previous quarter
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

Overall: increasing (5.33%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2019 to Q2 2020 shows significant fluctuation in several key areas.  Liabilities on revenue and current assets on revenue both saw substantial increases and decreases, with liabilities exhibiting a notable overall increase (though with large swings) and current assets having a similar pattern. The ratio of retained earnings to revenue also displayed large changes, trending upward overall.  However, the Selling, General & Administrative (SG&A) expense ratio and retained earnings on assets exhibited relatively stable increases. These results suggest instability in working capital and revenue generation, but potential underlying stability in SG&A and investment efficiency.