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 40.94 (%).Trend:Decrease 35.35% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 171.23 (%).Trend:Increase 318.25% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 178.18 (%).Trend:Increase 4.06% than previous quarter

Overall: increasing (335.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 11.15 (%).Trend:Decrease 48.85% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 58.61 (%).Trend:Increase 425.65% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 70.77 (%).Trend:Increase 20.75% than previous quarter

Overall: increasing (534.71%). 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 -16.74 (%).Trend:Decrease 24.18% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -308.3 (%).Trend:Increase 1741.7% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -360.65 (%).Trend:Increase 16.98% than previous quarter

Overall: decreasing (2054.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -5.07 (%).Trend:Increase 14.71% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -25.83 (%).Trend:Increase 409.47% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -30.73 (%).Trend:Increase 18.97% than previous quarter

Overall: decreasing (506.11%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -20.0 (USD).Trend:Increase 1900.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -26.0 (USD).Trend:Increase 30.0% than previous quarter

Overall: decreasing (2500.0%). Fluctuation: **Significant** (high variation).



Financial data from the third quarter of 2019 to the second quarter of 2020 shows significant volatility. Working capital efficiency metrics, liabilities and current assets on revenue, display considerable increases but fluctuate significantly. Cost efficiency, measured by the ratio of retained earnings to revenue, reveals a steep negative trend with high fluctuation. Investment efficiency and earning per share exhibit similar patterns of inconsistent performance and notable declines. The data suggests financial instability and a need for further investigation.