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 15.67 (%).Trend:Decrease 55.93% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 51.11 (%).Trend:Increase 226.16% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 31.6 (%).Trend:Decrease 38.17% than previous quarter

Overall: increasing (101.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 72.87 (%).Trend:Decrease 36.49% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 203.57 (%).Trend:Increase 179.36% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 118.57 (%).Trend:Decrease 41.75% than previous quarter

Overall: increasing (62.71%). 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 -6.49 (%).Trend:Decrease 63.12% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -1.63 (%).Trend:Decrease 74.88% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 4.95 (%).Trend:Decrease 403.68% than previous quarter

Overall: increasing (-176.27%). 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 -4.69 (%).Trend:Decrease 42.45% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -0.4 (%).Trend:Decrease 91.47% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 2.19 (%).Trend:Decrease 647.5% than previous quarter

Overall: increasing (-146.7%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.84 (USD).Trend:Increase 78.72% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.18 (USD).Trend:Decrease 78.57% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.53 (USD).Trend:Increase 194.44% than previous quarter

Overall: decreasing (-36.9%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 indicate high volatility. Liabilities on revenue exhibit a substantial drop followed by a sharp increase. Current assets on revenue exhibit a similar trend. Cost efficiency, measured by retained earnings to revenue, displays a large variation overall. Invest efficiency shows large variations. Earnings per share demonstrate fluctuation with a notable overall decline.