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 37.39 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 117.27 (%).Trend:Increase 213.64% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 59.25 (%).Trend:Decrease 49.48% than previous quarter

Overall: increasing (58.46%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 30.77 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 243.92 (%).Trend:Increase 692.72% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 142.07 (%).Trend:Decrease 41.76% than previous quarter

Overall: increasing (361.72%). 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 111.03 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 461.3 (%).Trend:Increase 315.47% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 271.45 (%).Trend:Decrease 41.16% than previous quarter

Overall: increasing (144.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.75 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.24 (%).Trend:Decrease 10.24% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.76 (%).Trend:Increase 26.59% than previous quarter

Overall: increasing (13.63%). Fluctuation: **Neutral** (moderate 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 68.34 (%).Trend:Decrease 5.15% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 58.97 (%).Trend:Decrease 13.71% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 59.44 (%).Trend:Increase 0.8% than previous quarter

Overall: decreasing (-13.02%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.25 (USD).Trend:Increase 72.87% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 69.23% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.96 (USD).Trend:Decrease 4.0% than previous quarter

Overall: decreasing (-70.46%). Fluctuation: **Significant** (high variation).



From Q3 2019 to Q2 2020, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all showed significant increases with high fluctuation.  Conversely, retained earnings on assets decreased slightly, while earnings per share decreased significantly, also with high variation. SG&A expense ratio showed a small overall increase with moderate fluctuation.