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 16.64 (%).Trend:Decrease 37.18% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 76.39 (%).Trend:Increase 359.07% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 62.16 (%).Trend:Decrease 18.63% than previous quarter

Overall: increasing (273.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 56.31 (%).Trend:Decrease 35.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 246.27 (%).Trend:Increase 337.35% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 150.59 (%).Trend:Decrease 38.85% than previous quarter

Overall: increasing (167.43%). 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 -17.03 (%).Trend:Increase 782.38% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -414.46 (%).Trend:Increase 2333.71% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -305.7 (%).Trend:Decrease 26.24% than previous quarter

Overall: decreasing (1695.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.79 (%).Trend:Increase 16.35% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.96 (%).Trend:Increase 17.82% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 49.66 (%).Trend:Increase 136.93% than previous quarter

Overall: increasing (179.15%). 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 -11.52 (%).Trend:Increase 1304.88% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -90.96 (%).Trend:Increase 689.58% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -85.72 (%).Trend:Decrease 5.76% than previous quarter

Overall: decreasing (644.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -3.24 (USD).Trend:Increase 4528.57% than previous quarter
Year 2020 Quarter 1: Earning Per Share -10.52 (USD).Trend:Increase 224.69% than previous quarter
Year 2020 Quarter 2: Earning Per Share -55.0 (USD).Trend:Increase 422.81% than previous quarter

Overall: decreasing (1597.53%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 show significant volatility. Liabilities on revenue decreased, increased, and decreased again, while current assets showed similar fluctuations. Cost efficiency shows a substantial decrease in the ratio of retained earnings to revenue, with a significant increase in the SG&A expense ratio. Investment efficiency and earnings per share exhibit substantial declines and volatility. Overall, financial performance displays a pattern of fluctuating increases and decreases across all key metrics.