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 64.67 (%).Trend:Decrease 36.17% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 191.53 (%).Trend:Increase 196.17% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 102.25 (%).Trend:Decrease 46.61% than previous quarter

Overall: increasing (58.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 120.4 (%).Trend:Decrease 31.12% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 388.64 (%).Trend:Increase 222.79% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 231.11 (%).Trend:Decrease 40.53% than previous quarter

Overall: increasing (91.95%). 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 185.43 (%).Trend:Decrease 31.73% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 549.17 (%).Trend:Increase 196.16% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 283.95 (%).Trend:Decrease 48.29% than previous quarter

Overall: increasing (53.13%). 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 61.35 (%).Trend:Increase 2.22% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 58.51 (%).Trend:Decrease 4.63% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 56.04 (%).Trend:Decrease 4.22% than previous quarter

Overall: decreasing (-8.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 5.21 (USD).Trend:Increase 44.72% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.75 (USD).Trend:Decrease 66.41% than previous quarter
Year 2020 Quarter 2: Earning Per Share 3.12 (USD).Trend:Increase 78.29% than previous quarter

Overall: decreasing (-40.12%). Fluctuation: **Significant** (high variation).



Analysis of the financial statements from Q3 2019 to Q2 2020 reveals considerable fluctuations in working capital efficiency. Liabilities on revenue increased and decreased sharply. Current assets on revenue exhibited similar significant volatility. Cost efficiency, measured by the ratio of retained earnings to revenue, shows large variations, with notable increases and decreases. Investment efficiency exhibits a moderately stable decline in retained earnings on assets. Earnings per share also displayed significant fluctuations. Overall, the statements highlight substantial volatility in various financial metrics over the period.