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 28.14 (%).Trend:Decrease 35.55% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 110.74 (%).Trend:Increase 293.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 43.17 (%).Trend:Decrease 61.02% than previous quarter

Overall: increasing (53.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 308.34 (%).Trend:Increase 3.14% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 804.3 (%).Trend:Increase 160.85% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 367.55 (%).Trend:Decrease 54.3% than previous quarter

Overall: increasing (19.2%). 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 -685.81 (%).Trend:Decrease 37.7% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -1989.77 (%).Trend:Increase 190.13% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -916.36 (%).Trend:Decrease 53.95% than previous quarter

Overall: decreasing (33.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 97.1 (%).Trend:Decrease 11.89% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 113.22 (%).Trend:Increase 16.6% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 93.08 (%).Trend:Decrease 17.79% than previous quarter

Overall: decreasing (-4.14%). 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 -215.66 (%).Trend:Decrease 38.23% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -239.77 (%).Trend:Increase 11.18% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -241.46 (%).Trend:Increase 0.7% than previous quarter

Overall: decreasing (11.96%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2019 to Q2 2020 reveals a significant increase in liabilities on revenue (53.41%) and a moderate increase in current assets on revenue (19.2%), both showing high variability. The ratio of retained earnings to revenue decreased significantly (-33.62%), whereas the SG&A expense ratio showed a small decrease (-4.14%). Retained earnings on assets decreased (-11.96%) with significant fluctuation.