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 34.05 (%).Trend:Decrease 38.43% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 126.48 (%).Trend:Increase 271.45% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 66.99 (%).Trend:Decrease 47.04% than previous quarter

Overall: increasing (96.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 48.24 (%).Trend:Decrease 34.99% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 163.41 (%).Trend:Increase 238.74% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 88.73 (%).Trend:Decrease 45.7% than previous quarter

Overall: increasing (83.93%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.31 (%).Trend:Decrease 2.02% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.37 (%).Trend:Increase 4.75% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.89 (%).Trend:Increase 2.23% than previous quarter

Overall: increasing (7.08%). 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
Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.51 (USD).Trend:Increase 67.94% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.22 (USD).Trend:Decrease 65.24% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.09 (USD).Trend:Increase 71.31% than previous quarter

Overall: decreasing (-40.46%). Fluctuation: **Significant** (high variation).



Working capital efficiency fluctuated significantly from Q3 2019 to Q2 2020, with liabilities on revenue increasing by 96.74%, and current assets on revenue increasing by 83.93%.  However, both metrics showed high volatility. Cost efficiency, measured by the SG&A expense ratio, showed a slight overall increase (7.08%) with minimal fluctuation. Investment efficiency, indicated by earnings per share, declined by 40.46% and displayed high volatility.  Overall, the financial performance reveals a mixed picture with significant fluctuations in working capital and investment efficiency, while cost efficiency remained relatively stable.