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 48.63 (%).Trend:Increase 4.96% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 135.86 (%).Trend:Increase 179.37% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 70.83 (%).Trend:Decrease 47.87% than previous quarter

Overall: increasing (45.65%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 74.66 (%).Trend:Decrease 33.38% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 315.54 (%).Trend:Increase 322.64% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 166.35 (%).Trend:Decrease 47.28% than previous quarter

Overall: increasing (122.81%). 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 27.57 (%).Trend:Decrease 36.94% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 92.13 (%).Trend:Increase 234.17% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 47.2 (%).Trend:Decrease 48.77% than previous quarter

Overall: increasing (71.2%). 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 13.32 (%).Trend:Decrease 4.99% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 12.5 (%).Trend:Decrease 6.16% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 12.34 (%).Trend:Decrease 1.28% than previous quarter

Overall: decreasing (-7.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.38 (USD).Trend:Decrease 26.92% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.03 (USD).Trend:Decrease 107.89% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.04 (USD).Trend:Increase 33.33% than previous quarter

Overall: decreasing (-110.53%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation. Liabilities on revenue increased dramatically in Q1 2020, then decreased substantially in Q2 2020, indicating instability.  Current assets on revenue also show a significant increase and decrease pattern. Cost efficiency also exhibits significant fluctuations, with the ratio of retained earnings to revenue increasing dramatically in Q1 2020, then decreasing significantly in Q2 and Q3, again revealing significant instability.  Investment efficiency shows a steady decline in retained earnings on assets, with little fluctuation. Earnings per share are decreasing overall, with large swings between quarters.  The data suggests a high degree of instability across multiple financial metrics.