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 642.58 (%).Trend:Decrease 35.25% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 238.81 (%).Trend:Decrease 62.84% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 178.77 (%).Trend:Decrease 25.14% than previous quarter

Overall: decreasing (-72.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 339.87 (%).Trend:Decrease 38.42% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 652.91 (%).Trend:Increase 92.11% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 247.11 (%).Trend:Decrease 62.15% than previous quarter

Overall: decreasing (-27.29%). 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 -41.28 (%).Trend:Decrease 24.77% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -87.28 (%).Trend:Increase 111.43% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -138.07 (%).Trend:Increase 58.19% than previous quarter

Overall: decreasing (234.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 131.76 (%).Trend:Decrease 6.91% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 44.68 (%).Trend:Decrease 66.09% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43.11 (%).Trend:Decrease 3.51% than previous quarter

Overall: decreasing (-67.28%). Fluctuation: **Significant** (high 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 -3.35 (%).Trend:Increase 11.67% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -3.72 (%).Trend:Increase 11.04% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -13.57 (%).Trend:Increase 264.78% than previous quarter

Overall: decreasing (305.07%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show considerable volatility.  Liabilities on revenue decreased substantially (-72.18%), while current assets on revenue also decreased (-27.29%).  Cost efficiency indicates a substantial decrease (-67.28%) in the SG&A expense ratio, and a substantial decrease (234.47%) in the ratio of retained earnings to revenue. Investment efficiency reveals a substantial decrease (305.07%) in retained earnings on assets.  These significant fluctuations necessitate further investigation to understand the underlying factors driving these performance changes.