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 15.4 (%).Trend:Decrease 41.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 44.16 (%).Trend:Increase 186.75% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 16.61 (%).Trend:Decrease 62.39% than previous quarter

Overall: increasing (7.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 26.66 (%).Trend:Decrease 44.67% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 118.13 (%).Trend:Increase 343.1% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 38.45 (%).Trend:Decrease 67.45% than previous quarter

Overall: increasing (44.22%). 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 -1.95 (%).Trend:Decrease 111.17% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -7.89 (%).Trend:Increase 304.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -4.0 (%).Trend:Decrease 49.3% than previous quarter

Overall: decreasing (105.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.4 (%).Trend:Decrease 8.9% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 3.86% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.54 (%).Trend:Increase 7.33% than previous quarter

Overall: increasing (3.18%). 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 -1.33 (%).Trend:Decrease 119.85% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -1.61 (%).Trend:Increase 21.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.72 (%).Trend:Increase 6.83% than previous quarter

Overall: decreasing (29.32%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency exhibits significant fluctuation in both liabilities and current assets on revenue. Liabilities decreased from Q3 2019 to Q2 2020, then increased significantly in Q1 2020 before decreasing again in Q2 2020. Similarly, current assets saw a sharp increase in Q1 2020 followed by a substantial drop in Q2 2020. Cost efficiency demonstrates a significant decrease in the ratio of retained earnings to revenue, while the SG&A expense ratio shows minimal fluctuation, trending slightly upward. Investment efficiency also exhibits substantial fluctuations in retained earnings on assets.