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 215.55 (%).Trend:Increase 65.36% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 855.93 (%).Trend:Increase 297.09% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 36.17 (%).Trend:Decrease 95.77% than previous quarter

Overall: decreasing (-83.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 390.6 (%).Trend:Decrease 29.68% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2199.03 (%).Trend:Increase 462.99% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 209.94 (%).Trend:Decrease 90.45% than previous quarter

Overall: decreasing (-46.25%). 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 -2568.84 (%).Trend:Decrease 56.83% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -17987.39 (%).Trend:Increase 600.21% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -1693.98 (%).Trend:Decrease 90.58% than previous quarter

Overall: increasing (-34.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55.98 (%).Trend:Decrease 32.51% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 123.96 (%).Trend:Increase 121.44% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.04 (%).Trend:Decrease 80.61% than previous quarter

Overall: decreasing (-57.06%). Fluctuation: **Significant** (high 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 -549.5 (%).Trend:Decrease 31.75% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -673.41 (%).Trend:Increase 22.55% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -666.27 (%).Trend:Decrease 1.06% than previous quarter

Overall: decreasing (21.25%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis of Q3 2019 to Q2 2020 data indicates significant financial volatility.  Liabilities on revenue decreased overall by 83.22%, and current assets on revenue decreased by 46.25%.  However, the ratio of retained earnings to revenue increased by -34.06%, while the SG&A expense ratio decreased by 57.06%. Retained earnings on assets decreased by 21.25%.  The substantial quarter-to-quarter changes necessitate a thorough review.