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 35.26 (%).Trend:Decrease 42.45% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 110.28 (%).Trend:Increase 212.76% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 53.6 (%).Trend:Decrease 51.4% than previous quarter

Overall: increasing (52.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 40.13 (%).Trend:Decrease 40.92% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 127.06 (%).Trend:Increase 216.62% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 64.41 (%).Trend:Decrease 49.31% than previous quarter

Overall: increasing (60.5%). 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 24.29 (%).Trend:Decrease 33.49% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 88.42 (%).Trend:Increase 264.02% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 50.48 (%).Trend:Decrease 42.91% than previous quarter

Overall: increasing (107.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.32 (%).Trend:Decrease 3.13% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.1 (%).Trend:Increase 13.36% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.72 (%).Trend:Increase 4.11% than previous quarter

Overall: increasing (18.02%). 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 30.73 (%).Trend:Increase 7.19% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 33.43 (%).Trend:Increase 8.79% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 35.76 (%).Trend:Increase 6.97% than previous quarter

Overall: increasing (16.37%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows substantial fluctuations. Working capital efficiency, measured by liabilities on revenue and current assets on revenue, demonstrates significant increases overall, but with considerable quarterly variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows an overall significant increase but with extreme quarterly fluctuations.  SG&A expense ratio demonstrates a slight increasing trend, with small variations. Investment efficiency shows a small increase in retained earnings on assets with minimal fluctuations.