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 22.55 (%).Trend:Decrease 26.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 76.35 (%).Trend:Increase 238.58% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.28 (%).Trend:Decrease 55.1% than previous quarter

Overall: increasing (52.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 20.78 (%).Trend:Decrease 32.75% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 80.42 (%).Trend:Increase 287.01% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 35.72 (%).Trend:Decrease 55.58% than previous quarter

Overall: increasing (71.9%). 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 -1.79 (%).Trend:Increase 496.67% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -20.67 (%).Trend:Increase 1054.75% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -36.9 (%).Trend:Increase 78.52% than previous quarter

Overall: decreasing (1961.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.45 (%).Trend:Decrease 1.73% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 31.53 (%).Trend:Decrease 2.84% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.64 (%).Trend:Decrease 2.82% than previous quarter

Overall: decreasing (-5.58%). 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 -1.42 (%).Trend:Increase 787.5% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -5.01 (%).Trend:Increase 252.82% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -18.96 (%).Trend:Increase 278.44% than previous quarter

Overall: decreasing (1235.21%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 depict substantial variability. Working capital efficiency (liabilities and current assets on revenue) reveals overall growth, though with significant fluctuations.  Cost efficiency (ratio of retained earnings to revenue) exhibits a marked negative trend with considerable variation.  SG&A expenses show a relatively stable downward trend, suggesting cost control measures. Investment efficiency (retained earnings on assets) also exhibits considerable negative volatility.  Additional analysis is needed to identify the underlying factors driving the substantial fluctuations.