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 25.37 (%).Trend:Decrease 30.65% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 83.11 (%).Trend:Increase 227.59% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 51.1 (%).Trend:Decrease 38.52% than previous quarter

Overall: increasing (101.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 6.79 (%).Trend:Decrease 37.59% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 56.77 (%).Trend:Increase 736.08% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 20.64 (%).Trend:Decrease 63.64% than previous quarter

Overall: increasing (203.98%). 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 -25.12 (%).Trend:Decrease 31.83% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -78.74 (%).Trend:Increase 213.46% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -55.85 (%).Trend:Decrease 29.07% than previous quarter

Overall: decreasing (122.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -22.57 (%).Trend:Increase 0.04% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -21.08 (%).Trend:Decrease 6.6% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -25.81 (%).Trend:Increase 22.44% than previous quarter

Overall: decreasing (14.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q3 2019 to Q2 2020 shows significant volatility in working capital efficiency. Liabilities on revenue increased substantially, while current assets on revenue exhibited a drastic increase, then a decrease. Cost efficiency, as measured by the ratio of retained earnings to revenue, shows a clear decrease with large quarter-to-quarter variations. Investment efficiency demonstrates a downward trend in retained earnings on assets with fluctuating results. Overall, the financial performance during this period shows a high degree of volatility across all key metrics.