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 40.64 (%).Trend:Decrease 36.38% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 127.34 (%).Trend:Increase 213.34% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 57.29 (%).Trend:Decrease 55.01% than previous quarter

Overall: increasing (40.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 78.97 (%).Trend:Decrease 35.22% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 250.56 (%).Trend:Increase 217.29% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 122.71 (%).Trend:Decrease 51.03% than previous quarter

Overall: increasing (55.39%). 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 -1.86 (%).Trend:Decrease 7.46% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -71.16 (%).Trend:Increase 3725.81% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -40.62 (%).Trend:Decrease 42.92% than previous quarter

Overall: decreasing (2083.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.63 (%).Trend:Decrease 6.72% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.98 (%).Trend:Increase 1.99% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17.08 (%).Trend:Decrease 5.01% than previous quarter

Overall: decreasing (-3.12%). 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 -1.21 (%).Trend:Increase 44.05% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -15.57 (%).Trend:Increase 1186.78% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -16.81 (%).Trend:Increase 7.96% than previous quarter

Overall: decreasing (1289.26%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows substantial fluctuations. Working capital efficiency, measured by liabilities and current assets on revenue, increases but with significant variation. Cost efficiency, specifically the ratio of retained earnings to revenue, significantly decreases, exhibiting high volatility. The selling, general, and administrative (SG&A) expense ratio shows a minor overall decrease, demonstrating little fluctuation. Investment efficiency, calculated by retained earnings on assets, also decreases with large variations.