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 31.16 (%).Trend:Decrease 41.23% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 199.13 (%).Trend:Increase 539.06% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 131.49 (%).Trend:Decrease 33.97% than previous quarter

Overall: increasing (321.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 46.36 (%).Trend:Decrease 38.57% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 293.65 (%).Trend:Increase 533.41% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 151.2 (%).Trend:Decrease 48.51% than previous quarter

Overall: increasing (226.14%). 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 -488.19 (%).Trend:Decrease 41.04% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -2702.75 (%).Trend:Increase 453.63% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -1406.66 (%).Trend:Decrease 47.95% than previous quarter

Overall: decreasing (188.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.56 (%).Trend:Decrease 9.91% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 98.79 (%).Trend:Increase 107.72% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 86.65 (%).Trend:Decrease 12.29% than previous quarter

Overall: increasing (82.19%). Fluctuation: **Significant** (high 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 -319.85 (%).Trend:Decrease 0.68% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -318.78 (%).Trend:Decrease 0.33% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -317.67 (%).Trend:Decrease 0.35% than previous quarter

Overall: increasing (-0.68%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements reveal substantial volatility in working capital efficiency from Q3 2019 to Q2 2020. Liabilities on revenue increased sharply then decreased, while current assets on revenue similarly exhibited significant swings.  Cost efficiency shows a substantial and continuously declining retained earnings-to-revenue ratio, along with significant fluctuations. The selling, general, and administrative (SG&A) expense ratio also increased, although with significant variation. Investment efficiency shows a slight increase in retained earnings on assets with notable fluctuations over the three quarters.