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 13.88 (%).Trend:Decrease 19.77% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 34.81 (%).Trend:Increase 150.79% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 20.89 (%).Trend:Decrease 39.99% than previous quarter

Overall: increasing (50.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 88.96 (%).Trend:Decrease 23.62% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 308.42 (%).Trend:Increase 246.7% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 171.93 (%).Trend:Decrease 44.25% than previous quarter

Overall: increasing (93.27%). 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 109.76 (%).Trend:Decrease 29.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 338.06 (%).Trend:Increase 208.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 196.13 (%).Trend:Decrease 41.98% than previous quarter

Overall: increasing (78.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.76 (%).Trend:Increase 2.13% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.75 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.55 (%).Trend:Increase 10.75% than previous quarter

Overall: increasing (10.68%). 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 58.86 (%).Trend:Increase 0.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 60.73 (%).Trend:Increase 3.18% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 60.72 (%).Trend:Decrease 0.02% than previous quarter

Overall: increasing (3.16%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2019 to Q2 2020 reveals significant volatility in working capital and cost efficiency.  Liabilities and current assets on revenue increased substantially, although with considerable quarter-to-quarter variation. The ratio of retained earnings to revenue increased overall but with notable fluctuations. The Selling, General & Administrative (SG&A) expense ratio shows a slight overall increase, exhibiting low variation. Investment efficiency, based on retained earnings on assets, increased slightly overall with minimal fluctuation.