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 26.2 (%).Trend:Decrease 22.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 76.55 (%).Trend:Increase 192.18% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 39.72 (%).Trend:Decrease 48.11% than previous quarter

Overall: increasing (51.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 47.8 (%).Trend:Decrease 28.07% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 135.98 (%).Trend:Increase 184.48% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 69.16 (%).Trend:Decrease 49.14% than previous quarter

Overall: increasing (44.69%). 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 30.49 (%).Trend:Decrease 34.12% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 104.24 (%).Trend:Increase 241.88% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 55.94 (%).Trend:Decrease 46.34% than previous quarter

Overall: increasing (83.47%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.79 (%).Trend:Decrease 3.47% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.35 (%).Trend:Increase 7.19% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.7 (%).Trend:Increase 4.19% than previous quarter

Overall: increasing (11.68%). 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 30.95 (%).Trend:Decrease 4.97% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 35.02 (%).Trend:Increase 13.15% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 36.44 (%).Trend:Increase 4.05% than previous quarter

Overall: increasing (17.74%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows significant volatility in working capital efficiency, cost efficiency, and profitability. Liabilities and current assets on revenue, and the ratio of retained earnings to revenue, all experienced substantial increases and decreases, indicating a period of considerable instability. Conversely, selling, general, and administrative (SG&A) expenses and investment efficiency, measured by retained earnings on assets, displayed relatively stable growth.