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 15.08 (%).Trend:Decrease 28.53% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 58.36 (%).Trend:Increase 287.0% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 26.55 (%).Trend:Decrease 54.51% than previous quarter

Overall: increasing (76.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 53.02 (%).Trend:Decrease 28.48% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 160.62 (%).Trend:Increase 202.94% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 78.63 (%).Trend:Decrease 51.05% than previous quarter

Overall: increasing (48.3%). 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 90.63 (%).Trend:Decrease 27.74% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 301.45 (%).Trend:Increase 232.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 154.69 (%).Trend:Decrease 48.68% than previous quarter

Overall: increasing (70.68%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.07 (%).Trend:Decrease 5.8% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.25 (%).Trend:Increase 7.34% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.1 (%).Trend:Decrease 12.46% than previous quarter

Overall: decreasing (-6.04%). 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 92.19 (%).Trend:Increase 2.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 95.76 (%).Trend:Increase 3.87% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 97.07 (%).Trend:Increase 1.37% than previous quarter

Overall: increasing (5.29%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.87 (USD).Trend:Increase 62.61% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.73 (USD).Trend:Decrease 60.96% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.55 (USD).Trend:Increase 112.33% than previous quarter

Overall: decreasing (-17.11%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 indicates significant fluctuations across various metrics.  Working capital efficiency, represented by liabilities and current assets on revenue, shows substantial increases and decreases. Cost efficiency, as measured by the retained earnings to revenue ratio, also experiences large swings, while SG&A expense ratio trends downward with less variation.  Investment efficiency, as measured by retained earnings on assets, shows a consistent upward trend.  Earnings per share shows a decrease overall, with substantial quarter-to-quarter variations.