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 56.43 (%).Trend:Increase 45.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 83.9 (%).Trend:Increase 48.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 40.98 (%).Trend:Decrease 51.16% than previous quarter

Overall: decreasing (-27.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 74.03 (%).Trend:Increase 21.7% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 138.69 (%).Trend:Increase 87.34% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 76.89 (%).Trend:Decrease 44.56% than previous quarter

Overall: increasing (3.86%). 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 34.83 (%).Trend:Decrease 36.71% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 83.35 (%).Trend:Increase 139.31% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 49.06 (%).Trend:Decrease 41.14% than previous quarter

Overall: increasing (40.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.21 (%).Trend:Increase 7.84% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.0 (%).Trend:Decrease 17.39% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.52 (%).Trend:Increase 2.6% than previous quarter

Overall: decreasing (-15.24%). 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 4.79 (%).Trend:Decrease 52.0% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 6.7 (%).Trend:Increase 39.87% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.27 (%).Trend:Increase 8.51% than previous quarter

Overall: increasing (51.77%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter

Overall: increasing (150.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency reveals significant fluctuation in liabilities on revenue, decreasing in the last quarter, while current assets on revenue increased and then decreased, exhibiting significant volatility. Cost efficiency shows a significant increase in the retained earnings to revenue ratio and a decrease in the SG&A expense ratio, also showing a significant fluctuation. Investment efficiency shows an overall upward trend in retained earnings on assets with neutral fluctuation. Earnings per share increased significantly with significant fluctuation. Overall, performance shows substantial variation during the period.