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 42.1 (%).Trend:Decrease 33.63% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 148.85 (%).Trend:Increase 253.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 75.27 (%).Trend:Decrease 49.43% than previous quarter

Overall: increasing (78.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 49.95 (%).Trend:Decrease 33.49% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 169.04 (%).Trend:Increase 238.42% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 83.47 (%).Trend:Decrease 50.62% than previous quarter

Overall: increasing (67.11%). 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 1.28 (%).Trend:Decrease 19.5% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1.44 (%).Trend:Increase 12.5% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -2.67 (%).Trend:Decrease 285.42% than previous quarter

Overall: decreasing (-308.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.33 (%).Trend:Decrease 1.43% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.2 (%).Trend:Increase 9.67% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.28 (%).Trend:Increase 5.09% than previous quarter

Overall: increasing (15.26%). 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 0.92 (%).Trend:Increase 21.05% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 0.32 (%).Trend:Decrease 65.22% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.14 (%).Trend:Decrease 456.25% than previous quarter

Overall: decreasing (-223.91%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2019 to Q2 2020 shows substantial fluctuations. Working capital efficiency, measured by liabilities and current assets on revenue, increased markedly in Q1 2020 following declines in Q3 2019.  Cost efficiency shows a sharp decline in the ratio of retained earnings to revenue, while the SG&A expense ratio increased. Investment efficiency also displays a strong decrease in retained earnings on assets in Q2 2020. The data suggests significant volatility and potential areas of concern in financial performance.