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 25.25 (%).Trend:Decrease 35.72% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 87.22 (%).Trend:Increase 245.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 39.55 (%).Trend:Decrease 54.65% than previous quarter

Overall: increasing (56.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 26.25 (%).Trend:Decrease 35.02% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 92.28 (%).Trend:Increase 251.54% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 39.35 (%).Trend:Decrease 57.36% than previous quarter

Overall: increasing (49.9%). 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 9.71 (%).Trend:Decrease 32.85% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 25.41 (%).Trend:Increase 161.69% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 13.87 (%).Trend:Decrease 45.42% than previous quarter

Overall: increasing (42.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.88 (%).Trend:Increase 0.46% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.22 (%).Trend:Increase 12.32% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11.6 (%).Trend:Decrease 5.07% than previous quarter

Overall: increasing (6.62%). 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 18.17 (%).Trend:Increase 3.47% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 14.75 (%).Trend:Decrease 18.82% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 17.05 (%).Trend:Increase 15.59% than previous quarter

Overall: decreasing (-6.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -4.0 (USD).Trend:Decrease 300.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Decrease 25.0% than previous quarter

Overall: decreasing (-250.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 show substantial fluctuations in financial performance. Liabilities and current assets on revenue both exhibited significant upward trends with notable quarter-to-quarter variations. Cost efficiency, measured by the ratio of retained earnings to revenue, displays substantial shifts between quarters.  SG&A expense ratio demonstrated a mostly steady increase. Investment efficiency showed a slight decrease overall. Earnings per share displayed highly volatile performance, decreasing dramatically in Q1 2020.