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 29.64 (%).Trend:Decrease 22.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 111.91 (%).Trend:Increase 277.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 65.82 (%).Trend:Decrease 41.18% than previous quarter

Overall: increasing (122.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 83.96 (%).Trend:Decrease 43.16% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 218.4 (%).Trend:Increase 160.12% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 152.78 (%).Trend:Decrease 30.05% than previous quarter

Overall: increasing (81.97%). 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 -198.91 (%).Trend:Decrease 21.31% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -735.8 (%).Trend:Increase 269.92% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -438.63 (%).Trend:Decrease 40.39% than previous quarter

Overall: decreasing (120.52%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65.87 (%).Trend:Increase 1.23% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 71.22 (%).Trend:Increase 8.12% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 77.33 (%).Trend:Increase 8.58% than previous quarter

Overall: increasing (17.4%). 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 -140.22 (%).Trend:Increase 40.07% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -185.42 (%).Trend:Increase 32.24% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -176.3 (%).Trend:Decrease 4.92% than previous quarter

Overall: decreasing (25.73%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 reveal substantial variations.  Liabilities on revenue increased substantially, although with volatility. Current assets on revenue also increased noticeably, though with significant quarter-to-quarter fluctuation. Cost efficiency, measured by the ratio of retained earnings to revenue, decreased considerably, but with significant volatility. The SG&A expense ratio increased, with minimal fluctuation. Investment efficiency, reflected in retained earnings on assets, decreased, demonstrating substantial volatility. Overall, these financial indicators present major fluctuations.