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 26.61 (%).Trend:Increase 8.66% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 123.31 (%).Trend:Increase 363.4% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 25.26 (%).Trend:Decrease 79.52% than previous quarter

Overall: decreasing (-5.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 50.31 (%).Trend:Decrease 25.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 177.46 (%).Trend:Increase 252.73% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 55.28 (%).Trend:Decrease 68.85% than previous quarter

Overall: increasing (9.88%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.17 (%).Trend:Increase 6.38% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7.13 (%).Trend:Increase 15.56% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.44 (%).Trend:Decrease 23.7% than previous quarter

Overall: decreasing (-11.83%). 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
Earning Per Share


Financial statements from Q3 2019 to Q2 2020 display mixed trends in working capital and cost efficiency. Liabilities on revenue increased substantially in Q1 2020, after a modest increase in Q3 2019, before falling in Q2 2020.  Current assets on revenue increased overall, with substantial fluctuation. The SG&A expense ratio also shows an overall increase throughout the period with some fluctuation.