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 66.34 (%).Trend:Decrease 18.87% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 234.38 (%).Trend:Increase 253.3% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 106.32 (%).Trend:Decrease 54.64% than previous quarter

Overall: increasing (60.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 75.38 (%).Trend:Decrease 30.8% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 270.76 (%).Trend:Increase 259.19% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 124.84 (%).Trend:Decrease 53.89% than previous quarter

Overall: increasing (65.61%). 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 22.14 (%).Trend:Decrease 25.9% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 64.89 (%).Trend:Increase 193.09% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 31.07 (%).Trend:Decrease 52.12% than previous quarter

Overall: increasing (40.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.78 (%).Trend:Decrease 2.29% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.6 (%).Trend:Increase 9.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.49 (%).Trend:Decrease 5.39% than previous quarter

Overall: increasing (3.78%). 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 11.76 (%).Trend:Increase 11.57% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 10.02 (%).Trend:Decrease 14.8% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 9.8 (%).Trend:Decrease 2.2% than previous quarter

Overall: decreasing (-16.67%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.78 (USD).Trend:Increase 73.39% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 69.58% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.95 (USD).Trend:Increase 69.57% than previous quarter

Overall: decreasing (-48.41%). Fluctuation: **Significant** (high variation).



From Q3 2019 to Q2 2020, key financial ratios exhibited substantial volatility.  Liabilities and current assets on revenue, and the ratio of retained earnings to revenue all increased overall, though with significant fluctuations between quarters.  Conversely, retained earnings on assets and earnings per share declined substantially, suggesting potential issues with investment efficiency and profitability. SG&A expenses showed a small overall increase.