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 22.4 (%).Trend:Decrease 33.85% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 66.83 (%).Trend:Increase 198.35% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 35.39 (%).Trend:Decrease 47.04% than previous quarter

Overall: increasing (57.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 33.99 (%).Trend:Decrease 32.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 108.3 (%).Trend:Increase 218.62% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 61.58 (%).Trend:Decrease 43.14% than previous quarter

Overall: increasing (81.17%). 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 30.48 (%).Trend:Decrease 32.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 85.77 (%).Trend:Increase 181.4% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 50.21 (%).Trend:Decrease 41.46% than previous quarter

Overall: increasing (64.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.6 (%).Trend:Increase 0.06% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.41 (%).Trend:Increase 4.88% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.78 (%).Trend:Increase 2.13% than previous quarter

Overall: increasing (7.11%). 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 49.45 (%).Trend:Increase 1.54% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 47.82 (%).Trend:Decrease 3.3% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 48.42 (%).Trend:Increase 1.25% than previous quarter

Overall: decreasing (-2.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.42 (USD).Trend:Decrease 10.04% than previous quarter
Year 2020 Quarter 1: Earning Per Share -3.91 (USD).Trend:Decrease 261.57% than previous quarter
Year 2020 Quarter 2: Earning Per Share -2.86 (USD).Trend:Decrease 26.85% than previous quarter

Overall: decreasing (-218.18%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 show considerable volatility. Liabilities and current assets on revenue exhibited substantial swings, contrasting with a more stable, though rising, SG&A expense ratio.  The ratio of retained earnings to revenue and retained earnings on assets also experienced significant fluctuations.  Earnings per share declined dramatically, showing a substantial negative trend. These findings suggest a period of considerable instability in financial performance.