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 22.2 (%).Trend:Decrease 29.12% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 60.73 (%).Trend:Increase 173.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44.33 (%).Trend:Decrease 27.0% than previous quarter

Overall: increasing (99.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 54.33 (%).Trend:Decrease 30.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 141.8 (%).Trend:Increase 161.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 97.51 (%).Trend:Decrease 31.23% than previous quarter

Overall: increasing (79.48%). 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 86.13 (%).Trend:Decrease 32.76% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 247.12 (%).Trend:Increase 186.92% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 132.64 (%).Trend:Decrease 46.33% than previous quarter

Overall: increasing (54.0%). 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 60.92 (%).Trend:Decrease 0.05% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 64.06 (%).Trend:Increase 5.15% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 58.02 (%).Trend:Decrease 9.43% than previous quarter

Overall: decreasing (-4.76%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 4.54 (USD).Trend:Increase 48.37% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.12 (USD).Trend:Decrease 75.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.1 (USD).Trend:Increase 87.5% than previous quarter

Overall: decreasing (-53.74%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2019 to Q2 2020 show significant fluctuations in key metrics.  Liabilities on revenue and current assets on revenue both increased significantly, with substantial quarter-to-quarter variations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also saw an overall increase despite high volatility.  Investment efficiency had a minimal change overall, with low fluctuation.  Earnings per share experienced a decrease, with significant quarter-to-quarter changes.