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 25.49 (%).Trend:Decrease 28.6% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 83.24 (%).Trend:Increase 226.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44.37 (%).Trend:Decrease 46.7% than previous quarter

Overall: increasing (74.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 66.64 (%).Trend:Decrease 31.14% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 209.79 (%).Trend:Increase 214.81% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 108.57 (%).Trend:Decrease 48.25% than previous quarter

Overall: increasing (62.92%). 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 101.75 (%).Trend:Decrease 32.04% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 322.06 (%).Trend:Increase 216.52% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 161.03 (%).Trend:Decrease 50.0% than previous quarter

Overall: increasing (58.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.27 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.7 (%).Trend:Increase 8.79% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.84 (%).Trend:Increase 0.79% than previous quarter

Overall: increasing (9.65%). 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 77.78 (%).Trend:Increase 1.13% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 78.74 (%).Trend:Increase 1.23% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 77.51 (%).Trend:Decrease 1.56% than previous quarter

Overall: decreasing (-0.35%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 5.43 (USD).Trend:Increase 52.1% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 63.17% than previous quarter
Year 2020 Quarter 2: Earning Per Share 3.06 (USD).Trend:Increase 53.0% than previous quarter

Overall: decreasing (-43.65%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 show significant fluctuations. Liabilities on revenue increase dramatically in Q1 2020, then decline in Q2 2020. Current assets on revenue demonstrate a similar trend, increasing sharply in Q1 2020, then decreasing in Q2 2020. Cost efficiency, reflected in the ratio of retained earnings to revenue, shows significant variation. The SG&A expense ratio trends upward, showing minor fluctuations.  Investment efficiency displays slight, steady increases. Earnings per share demonstrate substantial volatility, rising in Q3 2019, then plummeting in Q1 2020 before rising again in Q2 2020.