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 31.77 (%).Trend:Decrease 20.67% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 169.85 (%).Trend:Increase 434.62% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 67.77 (%).Trend:Decrease 60.1% than previous quarter

Overall: increasing (113.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 27.97 (%).Trend:Decrease 22.52% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 279.43 (%).Trend:Increase 899.03% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 104.64 (%).Trend:Decrease 62.55% than previous quarter

Overall: increasing (274.12%). 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 -0.03 (%).Trend:Decrease 98.99% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -16.16 (%).Trend:Increase 53766.67% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -9.72 (%).Trend:Decrease 39.85% than previous quarter

Overall: decreasing (32300.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 32.27 (%).Trend:Increase 1.03% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 60.79 (%).Trend:Increase 88.38% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 54.02 (%).Trend:Decrease 11.14% than previous quarter

Overall: increasing (67.4%). Fluctuation: **Significant** (high 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 -0.03 (%).Trend:Decrease 98.45% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -1.94 (%).Trend:Increase 6366.67% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -2.76 (%).Trend:Increase 42.27% than previous quarter

Overall: decreasing (9100.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.92 (USD).Trend:Increase 59.35% than previous quarter
Year 2020 Quarter 1: Earning Per Share -5.09 (USD).Trend:Decrease 229.85% than previous quarter
Year 2020 Quarter 2: Earning Per Share -5.79 (USD).Trend:Increase 13.75% than previous quarter

Overall: decreasing (-247.7%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2019 to Q2 2020 data shows significant increases in liabilities and current assets as a percentage of revenue (113.31% and 274.12% respectively).  Cost efficiency is poor, with a large decrease in retained earnings relative to revenue (-32300.0%), and a significant increase in SG&A expenses (67.4%).  Investment efficiency is severely negative, with a large decrease in retained earnings on assets (-9100.0%) and a substantial drop in earnings per share (-247.7%).