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 65.39 (%).Trend:Decrease 39.19% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 226.73 (%).Trend:Increase 246.73% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 108.07 (%).Trend:Decrease 52.34% than previous quarter

Overall: increasing (65.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 204.58 (%).Trend:Decrease 34.43% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 622.0 (%).Trend:Increase 204.04% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 303.04 (%).Trend:Decrease 51.28% than previous quarter

Overall: increasing (48.13%). 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 161.94 (%).Trend:Decrease 32.79% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 524.26 (%).Trend:Increase 223.74% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 264.64 (%).Trend:Decrease 49.52% than previous quarter

Overall: increasing (63.42%). 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 64.29 (%).Trend:Increase 3.0% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 68.78 (%).Trend:Increase 6.98% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 70.53 (%).Trend:Increase 2.54% than previous quarter

Overall: increasing (9.71%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q3 2019 to Q2 2020 indicates significant fluctuations in various financial metrics.  Liabilities and current assets on revenue both saw increases overall, but with noticeable volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, also increased, yet with considerable quarter-to-quarter variation.  Investment efficiency showed a relatively consistent and moderate rise. The significant variations across most metrics suggest a need for further investigation to identify underlying trends.