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 41.45 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 148.27 (%).Trend:Increase 257.71% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 81.93 (%).Trend:Decrease 44.74% than previous quarter

Overall: increasing (97.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 29.66 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 141.36 (%).Trend:Increase 376.6% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 50.5 (%).Trend:Decrease 64.28% than previous quarter

Overall: increasing (70.26%). 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 49.39 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 62.32 (%).Trend:Increase 26.18% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -146.18 (%).Trend:Decrease 334.56% than previous quarter

Overall: decreasing (-395.97%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.39 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.68 (%).Trend:Increase 12.13% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.4 (%).Trend:Increase 26.87% than previous quarter

Overall: increasing (42.26%). Fluctuation: **Neutral** (moderate 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 5.97 (%).Trend:Increase 29.5% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 2.39 (%).Trend:Decrease 59.97% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -9.31 (%).Trend:Decrease 489.54% than previous quarter

Overall: decreasing (-255.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 4.44 (USD).Trend:Increase 103.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.72 (USD).Trend:Decrease 138.74% than previous quarter
Year 2020 Quarter 2: Earning Per Share -16.86 (USD).Trend:Increase 880.23% than previous quarter

Overall: decreasing (-479.73%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 reveal highly fluctuating trends. Working capital efficiency shows marked increases and decreases in liabilities and current assets on revenue. Cost efficiency displays a steep overall decrease in retained earnings to revenue, with substantial fluctuations.  The SG&A expense ratio shows a slight overall increase, but the fluctuations are moderate. Investment efficiency demonstrates a considerable decrease in retained earnings on assets, while earnings per share show a significant decrease overall.