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 22.19 (%).Trend:Decrease 27.03% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 60.03 (%).Trend:Increase 170.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 32.56 (%).Trend:Decrease 45.76% than previous quarter

Overall: increasing (46.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 97.16 (%).Trend:Decrease 33.5% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 271.91 (%).Trend:Increase 179.86% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 145.35 (%).Trend:Decrease 46.54% than previous quarter

Overall: increasing (49.6%). 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 82.1 (%).Trend:Decrease 30.83% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 231.34 (%).Trend:Increase 181.78% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 120.56 (%).Trend:Decrease 47.89% than previous quarter

Overall: increasing (46.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17.7 (%).Trend:Increase 0.17% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16.28 (%).Trend:Decrease 8.02% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.05 (%).Trend:Decrease 1.41% than previous quarter

Overall: decreasing (-9.32%). 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 34.27 (%).Trend:Increase 4.13% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 35.66 (%).Trend:Increase 4.06% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 35.86 (%).Trend:Increase 0.56% than previous quarter

Overall: increasing (4.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.79 (USD).Trend:Increase 94.57% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.26 (USD).Trend:Decrease 29.61% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.6 (USD).Trend:Increase 106.35% than previous quarter

Overall: increasing (45.25%). Fluctuation: **Significant** (high variation).



Working capital efficiency, evidenced by liabilities and current assets on revenue, displays substantial fluctuations between Q3 2019 and Q2 2020.  Cost efficiency, including the ratio of retained earnings to revenue and the SG&A expense ratio, exhibits considerable volatility. Investment efficiency, measured by retained earnings on assets, shows minor fluctuations. Earnings per share, however, displays substantial increases and decreases.