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 34.79 (%).Trend:Decrease 24.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 187.45 (%).Trend:Increase 438.8% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 114.68 (%).Trend:Decrease 38.82% than previous quarter

Overall: increasing (229.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 38.02 (%).Trend:Decrease 32.87% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 188.92 (%).Trend:Increase 396.9% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 106.35 (%).Trend:Decrease 43.71% than previous quarter

Overall: increasing (179.72%). 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 10.16 (%).Trend:Decrease 43.93% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 18.7 (%).Trend:Increase 84.06% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -5.96 (%).Trend:Decrease 131.87% than previous quarter

Overall: decreasing (-158.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 45.71 (%).Trend:Increase 4.53% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 57.32 (%).Trend:Increase 25.4% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 55.46 (%).Trend:Decrease 3.24% than previous quarter

Overall: increasing (21.33%). 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 8.01 (%).Trend:Decrease 19.17% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 3.15 (%).Trend:Decrease 60.67% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -1.93 (%).Trend:Decrease 161.27% than previous quarter

Overall: decreasing (-124.09%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2019 to Q2 2020, liabilities and current assets on revenue both showed significant increases (229.63% and 179.72%, respectively), with high variations. The ratio of retained earnings to revenue decreased significantly (-158.66%), while the SG&A expense ratio increased moderately (21.33%). Retained earnings on assets decreased significantly (-124.09%).