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 31.65 (%).Trend:Decrease 34.53% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 104.67 (%).Trend:Increase 230.71% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 51.2 (%).Trend:Decrease 51.08% than previous quarter

Overall: increasing (61.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37.27 (%).Trend:Decrease 33.75% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 117.05 (%).Trend:Increase 214.06% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 72.29 (%).Trend:Decrease 38.24% than previous quarter

Overall: increasing (93.96%). 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 -21.16 (%).Trend:Decrease 35.07% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -71.9 (%).Trend:Increase 239.79% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -40.22 (%).Trend:Decrease 44.06% than previous quarter

Overall: decreasing (90.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.79 (%).Trend:Increase 0.27% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 14.98 (%).Trend:Increase 1.28% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.28 (%).Trend:Increase 2.0% than previous quarter

Overall: increasing (3.31%). 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 -19.54 (%).Trend:Increase 0.67% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -20.59 (%).Trend:Increase 5.37% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -20.68 (%).Trend:Increase 0.44% than previous quarter

Overall: decreasing (5.83%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows significant volatility. Liabilities on revenue increased (61.77%) with substantial fluctuations.  Current assets on revenue also increased (93.96%) with a similar pattern of significant changes. Cost efficiency reveals a considerable decrease in the retained earnings to revenue ratio (90.08%), with substantial changes each quarter.  SG&A expense ratio displays a mild increase (3.31%) with minimal fluctuation, while investment efficiency demonstrates a reduction in retained earnings on assets (5.83%) across all periods.