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 24.32 (%).Trend:Decrease 3.8% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 46.58 (%).Trend:Increase 91.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 23.9 (%).Trend:Decrease 48.69% than previous quarter

Overall: decreasing (-1.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 84.29 (%).Trend:Increase 10.6% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 171.73 (%).Trend:Increase 103.74% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 74.63 (%).Trend:Decrease 56.54% than previous quarter

Overall: decreasing (-11.46%). 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 72.64 (%).Trend:Decrease 32.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 187.28 (%).Trend:Increase 157.82% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 89.46 (%).Trend:Decrease 52.23% than previous quarter

Overall: increasing (23.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.77 (%).Trend:Decrease 2.01% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.9 (%).Trend:Decrease 8.9% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.77 (%).Trend:Decrease 1.46% than previous quarter

Overall: decreasing (-10.24%). 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 24.2 (%).Trend:Decrease 8.78% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 25.36 (%).Trend:Increase 4.79% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 26.46 (%).Trend:Increase 4.34% than previous quarter

Overall: increasing (9.34%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statement responses for Q3 2019 to Q2 2020 show significant fluctuations across various efficiency metrics. Working capital efficiency, measured by liabilities and current assets on revenue, reveals substantial quarterly variations, with decreases overall but large swings. Cost efficiency, in terms of retained earnings-to-revenue ratios, also demonstrates high fluctuation, while SG&A expense ratio shows lower variation with a consistent decrease. Investment efficiency, measured by retained earnings on assets, exhibits less volatility, with a slight increase overall.  Understanding these trends is crucial for assessing overall financial performance.