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 7.09 (%).Trend:Decrease 52.13% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 19.31 (%).Trend:Increase 172.36% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 11.93 (%).Trend:Decrease 38.22% than previous quarter

Overall: increasing (68.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 11.52 (%).Trend:Decrease 45.99% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 34.15 (%).Trend:Increase 196.44% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 21.89 (%).Trend:Decrease 35.9% than previous quarter

Overall: increasing (90.02%). 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 -10.07 (%).Trend:Decrease 38.37% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -25.84 (%).Trend:Increase 156.6% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -9.9 (%).Trend:Decrease 61.69% than previous quarter

Overall: increasing (-1.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -72.41 (%).Trend:Increase 10.23% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -63.37 (%).Trend:Decrease 12.48% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -39.94 (%).Trend:Decrease 36.97% than previous quarter

Overall: increasing (-44.84%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows significant volatility. Working capital efficiency, as measured by liabilities and current assets on revenue, displays increases, but with considerable quarter-to-quarter variation.  Cost efficiency, indicated by the ratio of retained earnings to revenue, shows a decrease overall but also significant volatility.  Investment efficiency, as indicated by retained earnings on assets, shows an increasing trend with large fluctuations.