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 17.97 (%).Trend:Decrease 84.11% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 68.28 (%).Trend:Increase 279.97% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.72 (%).Trend:Decrease 49.15% than previous quarter

Overall: increasing (93.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37.5 (%).Trend:Decrease 72.28% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 138.88 (%).Trend:Increase 270.35% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 70.81 (%).Trend:Decrease 49.01% than previous quarter

Overall: increasing (88.83%). 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 122.64 (%).Trend:Decrease 30.39% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 310.45 (%).Trend:Increase 153.14% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 179.86 (%).Trend:Decrease 42.06% than previous quarter

Overall: increasing (46.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.97 (%).Trend:Decrease 6.19% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.99 (%).Trend:Decrease 17.56% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.0 (%).Trend:Increase 7.22% than previous quarter

Overall: decreasing (-11.61%). 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 64.27 (%).Trend:Increase 34.12% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 48.55 (%).Trend:Decrease 24.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 52.63 (%).Trend:Increase 8.4% than previous quarter

Overall: decreasing (-18.11%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -4.0 (USD).Trend:Decrease 233.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share -3.0 (USD).Trend:Decrease 25.0% than previous quarter

Overall: decreasing (-200.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 shows significant volatility. Working capital efficiency metrics (liabilities and current assets on revenue) demonstrate substantial fluctuations, with both increasing and decreasing trends. Cost efficiency, measured by the ratio of retained earnings to revenue, shows a notable overall increase, although with significant quarter-to-quarter variation. Selling, general, and administrative (SG&A) expenses reveal a moderate decrease. Investment efficiency (retained earnings on assets) show a slight overall decline, but with substantial fluctuations. Earnings per share show a considerable decrease, from positive to negative values, indicating a significant change in profitability.