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 33.9 (%).Trend:Decrease 22.14% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 116.58 (%).Trend:Increase 243.89% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 101.28 (%).Trend:Decrease 13.12% than previous quarter

Overall: increasing (198.76%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 29.65 (%).Trend:Decrease 6.97% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 337.26 (%).Trend:Increase 1037.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 250.56 (%).Trend:Decrease 25.71% than previous quarter

Overall: increasing (745.06%). 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 23.22 (%).Trend:Decrease 37.02% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 219.03 (%).Trend:Increase 843.28% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 160.3 (%).Trend:Decrease 26.81% than previous quarter

Overall: increasing (590.35%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.89 (%).Trend:Decrease 3.11% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.49 (%).Trend:Increase 60.42% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.21 (%).Trend:Increase 61.67% than previous quarter

Overall: increasing (159.35%). 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 7.24 (%).Trend:Decrease 5.48% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 12.61 (%).Trend:Increase 74.17% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 10.88 (%).Trend:Decrease 13.72% than previous quarter

Overall: increasing (50.28%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis reveals significant fluctuations in several key ratios over the three quarters from Q3 2019 to Q2 2020. Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue show substantial increases overall, but with high variability. The SG&A Expense Ratio also increased significantly. Retained Earnings on Assets increased moderately but still showed significant fluctuation.  Earning Per Share data is missing.