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 17.02 (%).Trend:Decrease 55.61% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 71.26 (%).Trend:Increase 318.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.44 (%).Trend:Decrease 51.67% than previous quarter

Overall: increasing (102.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 81.88 (%).Trend:Decrease 45.4% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 239.46 (%).Trend:Increase 192.45% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 145.0 (%).Trend:Decrease 39.45% than previous quarter

Overall: increasing (77.09%). 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 -44.64 (%).Trend:Decrease 45.19% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -163.3 (%).Trend:Increase 265.82% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -78.71 (%).Trend:Decrease 51.8% than previous quarter

Overall: decreasing (76.32%). 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 -41.22 (%).Trend:Decrease 1.46% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -52.44 (%).Trend:Increase 27.22% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -44.53 (%).Trend:Decrease 15.08% than previous quarter

Overall: decreasing (8.03%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show significant volatility in working capital efficiency. Liabilities on revenue saw an overall increase of 102.35%, but with dramatic fluctuations (from a 55.61% decrease to a 318.68% increase). Current assets on revenue similarly increased by 77.09%, but experienced substantial quarterly changes (a 45.4% decrease to a 192.45% increase). Cost efficiency, measured by the ratio of retained earnings to revenue, decreased by 76.32% overall, with significant fluctuations.  Investment efficiency, as measured by retained earnings on assets, decreased by 8.03% overall, with volatile changes.