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 57.49 (%).Trend:Decrease 33.63% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 164.54 (%).Trend:Increase 186.21% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 82.83 (%).Trend:Decrease 49.66% than previous quarter

Overall: increasing (44.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 221.26 (%).Trend:Decrease 35.63% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 559.26 (%).Trend:Increase 152.76% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 322.01 (%).Trend:Decrease 42.42% than previous quarter

Overall: increasing (45.53%). 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 -79.36 (%).Trend:Decrease 32.94% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -209.0 (%).Trend:Increase 163.36% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -110.6 (%).Trend:Decrease 47.08% than previous quarter

Overall: decreasing (39.36%). 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 -26.22 (%).Trend:Increase 2.9% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -26.21 (%).Trend:Decrease 0.04% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -24.59 (%).Trend:Decrease 6.18% than previous quarter

Overall: increasing (-6.22%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 reveal substantial volatility in working capital. Liabilities on revenue increased sharply in Q1 2020, then decreased, with notable fluctuations. Current assets on revenue show a similar pattern of significant quarterly variations. Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a clear decreasing trend with substantial quarterly changes. Investment efficiency, as measured by retained earnings on assets, shows a fluctuating overall trend, though with notable quarterly shifts.