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 29.5 (%).Trend:Decrease 37.83% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 101.49 (%).Trend:Increase 244.03% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 47.59 (%).Trend:Decrease 53.11% than previous quarter

Overall: increasing (61.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 70.5 (%).Trend:Decrease 32.15% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 253.98 (%).Trend:Increase 260.26% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 126.82 (%).Trend:Decrease 50.07% than previous quarter

Overall: increasing (79.89%). 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 62.83 (%).Trend:Decrease 32.31% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 236.63 (%).Trend:Increase 276.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 116.42 (%).Trend:Decrease 50.8% than previous quarter

Overall: increasing (85.29%). 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 39.08 (%).Trend:Increase 4.94% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 42.43 (%).Trend:Increase 8.57% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 43.02 (%).Trend:Increase 1.39% than previous quarter

Overall: increasing (10.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.95 (USD).Trend:Increase 68.57% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.69 (USD).Trend:Decrease 76.61% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.73 (USD).Trend:Increase 150.72% than previous quarter

Overall: decreasing (-41.36%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 show significant volatility.  Liabilities on revenue decreased and then increased dramatically. Current assets on revenue display a similar pattern of substantial increases and decreases. Cost efficiency, measured by the retained earnings-to-revenue ratio, demonstrates significant fluctuations, increasing dramatically in Q1 2020. Investment efficiency is stable with a slight upward trend in the retained earning on asset ratio. Earnings per share show a sharp decrease in Q1 2020, followed by a substantial increase.