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 36.23 (%).Trend:Decrease 25.76% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 108.45 (%).Trend:Increase 199.34% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 57.29 (%).Trend:Decrease 47.17% than previous quarter

Overall: increasing (58.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37.24 (%).Trend:Decrease 32.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 103.69 (%).Trend:Increase 178.44% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 52.69 (%).Trend:Decrease 49.19% than previous quarter

Overall: increasing (41.49%). 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 187.19 (%).Trend:Decrease 33.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 548.72 (%).Trend:Increase 193.14% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 284.35 (%).Trend:Decrease 48.18% than previous quarter

Overall: increasing (51.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.65 (%).Trend:Increase 1.05% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.95 (%).Trend:Increase 0.84% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.88 (%).Trend:Decrease 0.19% than previous quarter

Overall: increasing (0.65%). 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 145.48 (%).Trend:Decrease 11.64% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 149.18 (%).Trend:Increase 2.54% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 150.13 (%).Trend:Increase 0.64% than previous quarter

Overall: increasing (3.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 50.38% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 58.5% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.58 (USD).Trend:Increase 90.36% than previous quarter

Overall: decreasing (-21.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency (liabilities and current assets on revenue) demonstrates significant fluctuation and overall increases, but with large quarter-to-quarter variations. Cost efficiency (ratio of retained earnings to revenue) shows a similar pattern of significant fluctuation, resulting in an overall increase. SG&A expense ratio shows a modest increase overall, with low fluctuation.  Investment efficiency (retained earnings on assets) demonstrates a minor increase overall, with minimal variation. Earnings per share, however, shows substantial variation and a small overall decrease.