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 215.0 (%).Trend:Decrease 74.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 696.22 (%).Trend:Increase 223.82% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 260.65 (%).Trend:Decrease 62.56% than previous quarter

Overall: increasing (21.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 235.78 (%).Trend:Decrease 72.6% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 770.0 (%).Trend:Increase 226.58% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 319.88 (%).Trend:Decrease 58.46% than previous quarter

Overall: increasing (35.67%). 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 -261.17 (%).Trend:Decrease 69.7% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -874.89 (%).Trend:Increase 234.99% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -298.26 (%).Trend:Decrease 65.91% than previous quarter

Overall: decreasing (14.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.91 (%).Trend:Decrease 50.36% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.89 (%).Trend:Increase 18.73% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.66 (%).Trend:Decrease 17.1% than previous quarter

Overall: decreasing (-1.57%). 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 -89.14 (%).Trend:Increase 8.07% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -91.39 (%).Trend:Increase 2.52% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -76.78 (%).Trend:Decrease 15.99% than previous quarter

Overall: increasing (-13.87%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows fluctuating trends with significant volatility. Working capital efficiency, represented by liabilities and current assets on revenue, increased with considerable swings. Cost efficiency metrics, including the ratio of retained earnings to revenue, declined substantially, with fluctuations across the three quarters. The Selling, General, and Administrative (SG&A) expense ratio had a slight decrease overall. Invest efficiency is slightly increasing but with significant volatility.