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 24.59 (%).Trend:Decrease 28.64% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 142.38 (%).Trend:Increase 479.02% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 69.64 (%).Trend:Decrease 51.09% than previous quarter

Overall: increasing (183.2%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 31.39% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 248.98 (%).Trend:Increase 702.64% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 118.11 (%).Trend:Decrease 52.56% than previous quarter

Overall: increasing (280.75%). 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 19.5 (%).Trend:Decrease 34.21% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 97.39 (%).Trend:Increase 399.44% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 40.13 (%).Trend:Decrease 58.79% than previous quarter

Overall: increasing (105.79%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.09 (%).Trend:Increase 2.03% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.54 (%).Trend:Increase 49.37% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.65 (%).Trend:Decrease 8.39% than previous quarter

Overall: increasing (36.85%). Fluctuation: **Neutral** (moderate 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 24.08 (%).Trend:Decrease 4.37% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 16.73 (%).Trend:Decrease 30.52% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 16.04 (%).Trend:Decrease 4.12% than previous quarter

Overall: decreasing (-33.39%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.35 (USD).Trend:Increase 45.02% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.87 (USD).Trend:Decrease 125.97% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.81 (USD).Trend:Decrease 6.9% than previous quarter

Overall: decreasing (-124.18%). Fluctuation: **Significant** (high variation).



From Q3 2019 to Q2 2020,  significant increases were observed in liabilities on revenue (183.2%), current assets on revenue (280.75%), and the ratio of retained earnings to revenue (105.79%), indicating potential expansion or operational changes.  The SG&A expense ratio increased moderately (36.85%), while retained earnings on assets decreased (-33.39%). A substantial decrease (-124.18%) in earnings per share warrants further investigation.