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 31.88 (%).Trend:Decrease 29.05% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 80.79 (%).Trend:Increase 153.42% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44.04 (%).Trend:Decrease 45.49% than previous quarter

Overall: increasing (38.14%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 45.27 (%).Trend:Decrease 33.3% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 134.5 (%).Trend:Increase 197.11% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 80.54 (%).Trend:Decrease 40.12% than previous quarter

Overall: increasing (77.91%). 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 29.61 (%).Trend:Decrease 25.04% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 102.92 (%).Trend:Increase 247.59% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 57.62 (%).Trend:Decrease 44.01% than previous quarter

Overall: increasing (94.6%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 30.49 (%).Trend:Decrease 0.46% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.24 (%).Trend:Increase 12.3% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.01 (%).Trend:Decrease 3.59% than previous quarter

Overall: increasing (8.27%). 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 8.31 (%).Trend:Increase 17.04% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 10.21 (%).Trend:Increase 22.86% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 10.84 (%).Trend:Increase 6.17% than previous quarter

Overall: increasing (30.45%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.41 (USD).Trend:Increase 53.26% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.37 (USD).Trend:Decrease 73.76% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.73 (USD).Trend:Increase 97.3% than previous quarter

Overall: decreasing (-48.23%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation in both liabilities and current assets on revenue from Q3 2019 to Q2 2020.  Cost efficiency shows a significant increase in the Ratio of Retained Earnings to Revenue. Selling, General & Administrative (SG&A) expense ratio shows a slight increase overall but with little fluctuation. Investment efficiency shows a neutral (moderate variation) trend in Retained Earnings on Assets.  Earnings per share show a significant decrease overall with high variation.