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 23.95 (%).Trend:Decrease 32.59% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 63.29 (%).Trend:Increase 164.26% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 35.86 (%).Trend:Decrease 43.34% than previous quarter

Overall: increasing (49.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 44.59 (%).Trend:Decrease 32.61% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 126.71 (%).Trend:Increase 184.17% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 59.61 (%).Trend:Decrease 52.96% than previous quarter

Overall: increasing (33.68%). 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 93.23 (%).Trend:Decrease 33.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 258.5 (%).Trend:Increase 177.27% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 138.3 (%).Trend:Decrease 46.5% than previous quarter

Overall: increasing (48.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 11.36 (%).Trend:Decrease 4.62% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.77 (%).Trend:Decrease 14.0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.33 (%).Trend:Increase 5.73% than previous quarter

Overall: decreasing (-9.07%). 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 71.14 (%).Trend:Increase 0.71% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 71.27 (%).Trend:Increase 0.18% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 73.43 (%).Trend:Increase 3.03% than previous quarter

Overall: increasing (3.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.92 (USD).Trend:Increase 69.91% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.79 (USD).Trend:Decrease 58.85% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.46 (USD).Trend:Increase 84.81% than previous quarter

Overall: decreasing (-23.96%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 show considerable volatility in key financial metrics. Liabilities on revenue increased and decreased considerably during this time. Current assets on revenue also saw significant fluctuation.  Retained earnings to revenue exhibited significant ups and downs, while SG&A expenses decreased consistently but slightly.  Retained earnings on assets showed consistent, moderate increases. Earnings per share were also highly volatile. Overall, the financial picture is characterized by significant fluctuations in several key metrics, lacking a clear pattern of improvement or decline.