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 34.54 (%).Trend:Decrease 9.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 73.09 (%).Trend:Increase 111.61% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 38.68 (%).Trend:Decrease 47.08% than previous quarter

Overall: increasing (11.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 94.88 (%).Trend:Decrease 26.25% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 265.16 (%).Trend:Increase 179.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 142.95 (%).Trend:Decrease 46.09% than previous quarter

Overall: increasing (50.66%). 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 -63.99 (%).Trend:Decrease 36.23% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -142.05 (%).Trend:Increase 121.99% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -65.25 (%).Trend:Decrease 54.07% than previous quarter

Overall: decreasing (1.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.83 (%).Trend:Decrease 1.15% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.23 (%).Trend:Decrease 8.5% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.84 (%).Trend:Decrease 8.07% than previous quarter

Overall: decreasing (-15.88%). 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 -33.12 (%).Trend:Decrease 7.46% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -26.88 (%).Trend:Decrease 18.84% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -23.51 (%).Trend:Decrease 12.54% than previous quarter

Overall: increasing (-29.02%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2019 to Q2 2020, the company experienced notable shifts. Liabilities on Revenue increased by 11.99% with significant fluctuation, while Current Assets on Revenue increased by 50.66% with significant fluctuation. Cost efficiency shows the Ratio of Retained Earnings to Revenue decreasing (-1.97%) with significant fluctuation. SG&A Expense Ratio decreased (-15.88%) with little fluctuation. Invest Efficiency indicates Retained Earning on Assets increasing (-29.02%) with significant variation. These trends suggest improved asset utilization and revenue generation, alongside volatile retained earnings and stable expense management.