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 52.08 (%).Trend:Decrease 31.68% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 166.43 (%).Trend:Increase 219.57% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 75.69 (%).Trend:Decrease 54.52% than previous quarter

Overall: increasing (45.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 116.48 (%).Trend:Decrease 29.96% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 325.89 (%).Trend:Increase 179.78% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 162.69 (%).Trend:Decrease 50.08% than previous quarter

Overall: increasing (39.67%). 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 23.23 (%).Trend:Decrease 26.49% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 89.71 (%).Trend:Increase 286.18% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 48.05 (%).Trend:Decrease 46.44% than previous quarter

Overall: increasing (106.84%). 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 9.26 (%).Trend:Increase 8.3% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 11.47 (%).Trend:Increase 23.87% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 12.28 (%).Trend:Increase 7.06% than previous quarter

Overall: increasing (32.61%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.37 (USD).Trend:Increase 42.31% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 40.54% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.33 (USD).Trend:Increase 50.0% than previous quarter

Overall: decreasing (-10.81%). Fluctuation: **Neutral** (moderate variation).



Analyzing Q3 2019 to Q2 2020, Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all increased, showing significant fluctuations. Retained Earnings on Assets increased moderately, while Earnings Per Share decreased moderately. Data encompasses three quarters.