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 28.17 (%).Trend:Decrease 33.07% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 78.01 (%).Trend:Increase 176.93% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 40.8 (%).Trend:Decrease 47.7% than previous quarter

Overall: increasing (44.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 33.39 (%).Trend:Decrease 34.31% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 102.71 (%).Trend:Increase 207.61% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 48.64 (%).Trend:Decrease 52.64% than previous quarter

Overall: increasing (45.67%). 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 31.01 (%).Trend:Decrease 34.29% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 104.85 (%).Trend:Increase 238.12% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 55.4 (%).Trend:Decrease 47.16% than previous quarter

Overall: increasing (78.65%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.34 (%).Trend:Decrease 5.74% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.65 (%).Trend:Increase 13.75% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34.21 (%).Trend:Decrease 4.04% than previous quarter

Overall: increasing (9.16%). 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 34.39 (%).Trend:Increase 4.53% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 35.87 (%).Trend:Increase 4.3% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 37.32 (%).Trend:Increase 4.04% than previous quarter

Overall: increasing (8.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 274.36% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.56 (USD).Trend:Decrease 138.36% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.27 (USD).Trend:Decrease 51.79% than previous quarter

Overall: decreasing (-118.49%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2019 to Q2 2020 shows significant volatility in most key metrics.  Working capital efficiency, as measured by liabilities and current assets on revenue, saw substantial increases and decreases.  Cost efficiency, as measured by the ratio of retained earnings to revenue, also exhibited large fluctuations with a sharp jump in Q1 2020.  The SG&A expense ratio showed a more stable increase. Investment efficiency (retained earnings on assets) displayed consistent, small increases, but earnings per share decreased considerably during the period.  The data highlights unpredictable shifts in financial indicators.