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 30.3 (%).Trend:Decrease 26.15% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 88.01 (%).Trend:Increase 190.46% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 38.95 (%).Trend:Decrease 55.74% than previous quarter

Overall: increasing (28.55%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 43.61 (%).Trend:Decrease 33.04% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 221.67 (%).Trend:Increase 408.3% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 108.31 (%).Trend:Decrease 51.14% than previous quarter

Overall: increasing (148.36%). 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 63.0 (%).Trend:Decrease 33.16% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 180.21 (%).Trend:Increase 186.05% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 91.52 (%).Trend:Decrease 49.21% than previous quarter

Overall: increasing (45.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.57 (%).Trend:Decrease 1.64% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.53 (%).Trend:Decrease 8.27% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.98 (%).Trend:Decrease 4.77% than previous quarter

Overall: decreasing (-12.65%). 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 63.03 (%).Trend:Increase 0.22% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 44.14 (%).Trend:Decrease 29.97% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 45.85 (%).Trend:Increase 3.87% than previous quarter

Overall: decreasing (-27.26%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q3 2019 to Q2 2020, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all showed significant increases (28.55%, 148.36%, and 45.27%, respectively) with high fluctuation.  The SG&A expense ratio decreased (-12.65%) with low variation, while retained earnings on assets decreased (-27.26%), showing moderate fluctuation.