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 19.32 (%).Trend:Decrease 16.62% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 51.79 (%).Trend:Increase 168.06% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 27.18 (%).Trend:Decrease 47.52% than previous quarter

Overall: increasing (40.68%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 62.19 (%).Trend:Decrease 23.4% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 177.01 (%).Trend:Increase 184.63% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 99.33 (%).Trend:Decrease 43.88% than previous quarter

Overall: increasing (59.72%). 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 63.33 (%).Trend:Decrease 31.08% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 187.87 (%).Trend:Increase 196.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 104.51 (%).Trend:Decrease 44.37% than previous quarter

Overall: increasing (65.02%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.59 (%).Trend:Increase 0.89% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.35 (%).Trend:Increase 12.95% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.64 (%).Trend:Increase 1.89% than previous quarter

Overall: increasing (15.08%). 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 41.51 (%).Trend:Decrease 31.52% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 43.84 (%).Trend:Increase 5.61% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 43.97 (%).Trend:Increase 0.3% than previous quarter

Overall: increasing (5.93%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 reveal significant volatility in working capital efficiency. Liabilities on revenue increased by 40.68%, while current assets on revenue rose by 59.72%.  Cost efficiency exhibits significant fluctuation, with the ratio of retained earnings to revenue increasing by 65.02%.  SG&A expense ratio displays low variation, increasing by 15.08%.  Investment efficiency shows a small increase (5.93%) in retained earnings on assets, indicating less fluctuation. This suggests potentially strong, but unstable growth, requiring further analysis to understand the underlying causes and potential risks.