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 21.33 (%).Trend:Decrease 6.12% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 60.06 (%).Trend:Increase 181.58% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 12.93 (%).Trend:Decrease 78.47% than previous quarter

Overall: decreasing (-39.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 29.11 (%).Trend:Decrease 14.88% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 313.14 (%).Trend:Increase 975.71% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 115.02 (%).Trend:Decrease 63.27% than previous quarter

Overall: increasing (295.12%). 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 -115.13 (%).Trend:Decrease 37.17% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -294.34 (%).Trend:Increase 155.66% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -137.38 (%).Trend:Decrease 53.33% than previous quarter

Overall: decreasing (19.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49.46 (%).Trend:Decrease 8.24% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.47 (%).Trend:Increase 0.02% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 45.56 (%).Trend:Decrease 7.9% than previous quarter

Overall: decreasing (-7.89%). 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 -100.52 (%).Trend:Decrease 13.46% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -47.76 (%).Trend:Decrease 52.49% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -50.06 (%).Trend:Increase 4.82% than previous quarter

Overall: increasing (-50.2%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency demonstrates significant fluctuation. Liabilities on revenue decreased between Q3 2019 and Q2 2020, but the percentage of revenue significantly increased in Q1 2020 and then reduced. Current assets on revenue exhibited substantial fluctuations, increasing considerably in Q1 2020 after a decrease in Q3 2019.  Cost efficiency shows a decreasing ratio of retained earnings to revenue, though with high volatility. SG&A expense ratio generally decreased with little variation.  Investment efficiency shows a noticeable overall upward trend in retained earnings on assets, but with significant fluctuations.  Earning per share data is not included.