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 45.72 (%).Trend:Decrease 28.26% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 212.15 (%).Trend:Increase 364.02% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 103.68 (%).Trend:Decrease 51.13% than previous quarter

Overall: increasing (126.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 399.07 (%).Trend:Decrease 39.66% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1484.27 (%).Trend:Increase 271.93% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 751.54 (%).Trend:Decrease 49.37% than previous quarter

Overall: increasing (88.32%). 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 106.37 (%).Trend:Decrease 50.25% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 251.47 (%).Trend:Increase 136.41% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 84.75 (%).Trend:Decrease 66.3% than previous quarter

Overall: decreasing (-20.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49.91 (%).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 75.97 (%).Trend:Increase 52.21% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 64.4 (%).Trend:Decrease 15.23% than previous quarter

Overall: increasing (29.03%). Fluctuation: **Neutral** (moderate 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 24.19 (%).Trend:Decrease 18.85% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 15.3 (%).Trend:Decrease 36.75% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 10.12 (%).Trend:Decrease 33.86% than previous quarter

Overall: decreasing (-58.16%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial data from Q3 2019 to Q2 2020 show mixed trends. Liabilities on revenue increased overall by 126.77% with significant fluctuation. Current assets on revenue also increased by 88.32%, with significant variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, decreased by 20.33% and showed significant fluctuation. The SG&A expense ratio increased by 29.03%, displaying moderate fluctuation. Invest efficiency, measured by retained earnings on assets, decreased by 58.16% with substantial variability.