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 65.7 (%).Trend:Decrease 37.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 138.02 (%).Trend:Increase 110.08% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 82.21 (%).Trend:Decrease 40.44% than previous quarter

Overall: increasing (25.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 135.3 (%).Trend:Decrease 3.14% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 323.94 (%).Trend:Increase 139.42% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 253.65 (%).Trend:Decrease 21.7% than previous quarter

Overall: increasing (87.47%). 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 -94.45 (%).Trend:Decrease 30.77% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -186.5 (%).Trend:Increase 97.46% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -109.1 (%).Trend:Decrease 41.5% than previous quarter

Overall: decreasing (15.51%). 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 -57.95 (%).Trend:Decrease 23.3% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -40.92 (%).Trend:Decrease 29.39% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -33.71 (%).Trend:Decrease 17.62% than previous quarter

Overall: increasing (-41.83%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2019 to Q2 2020 reveals substantial fluctuations in key financial indicators. Liabilities on revenue increased by 25.13%, while current assets on revenue saw a much larger increase of 87.47%.  Conversely, the ratio of retained earnings to revenue decreased by 15.51%.  Retained earnings on assets showed an overall improvement, increasing by -41.83% (meaning a decrease in the negative percentage).  All these metrics showed significant quarter-to-quarter variability.