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 25.18 (%).Trend:Decrease 60.21% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 77.98 (%).Trend:Increase 209.69% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 42.27 (%).Trend:Decrease 45.79% than previous quarter

Overall: increasing (67.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37.99 (%).Trend:Decrease 52.27% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 124.5 (%).Trend:Increase 227.72% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 92.28 (%).Trend:Decrease 25.88% than previous quarter

Overall: increasing (142.91%). 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 -7.44 (%).Trend:Decrease 49.22% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -13.44 (%).Trend:Increase 80.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -2.71 (%).Trend:Decrease 79.84% than previous quarter

Overall: increasing (-63.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.63 (%).Trend:Increase 2.14% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 43.49 (%).Trend:Increase 12.58% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39.47 (%).Trend:Decrease 9.24% than previous quarter

Overall: increasing (2.17%). 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 -10.69 (%).Trend:Decrease 6.88% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -6.25 (%).Trend:Decrease 41.53% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.98 (%).Trend:Decrease 68.32% than previous quarter

Overall: increasing (-81.48%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency exhibits high fluctuation.  Liabilities on revenue increased substantially in Q1 2020, then decreased considerably in Q2 2020, showing substantial variation. Current assets on revenue similarly demonstrate significant fluctuations in increases and decreases. Cost efficiency shows the ratio of retained earnings to revenue increasing, but with significant fluctuation. The SG&A expense ratio increased slightly overall, but with minor fluctuation. Investment efficiency shows a declining trend in retained earnings on assets, also with significant variation. Unfortunately, no Earning Per Share data is available for this period.