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 19.69 (%).Trend:Decrease 29.15% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 74.04 (%).Trend:Increase 276.03% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.4 (%).Trend:Decrease 53.54% than previous quarter

Overall: increasing (74.71%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 23.07 (%).Trend:Decrease 24.16% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 64.25 (%).Trend:Increase 178.5% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 39.85 (%).Trend:Decrease 37.98% than previous quarter

Overall: increasing (72.74%). 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 16.03 (%).Trend:Decrease 24.81% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 50.49 (%).Trend:Increase 214.97% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 28.46 (%).Trend:Decrease 43.63% than previous quarter

Overall: increasing (77.54%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 5.54 (%).Trend:Increase 13.76% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 5.88 (%).Trend:Increase 6.14% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 6.38 (%).Trend:Increase 8.5% than previous quarter

Overall: increasing (15.16%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.37 (USD).Trend:Increase 53.93% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 72.26% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.85 (USD).Trend:Increase 123.68% than previous quarter

Overall: decreasing (-37.96%). Fluctuation: **Significant** (high variation).



Working capital efficiency (liabilities and current assets on revenue) increased significantly from Q3 2019 to Q2 2020, but with substantial fluctuation.  Cost efficiency (ratio of retained earnings to revenue) shows a significant increase overall but substantial variation.  Invest efficiency shows a consistent and small increase in retained earnings on assets, indicating little fluctuation. Earnings per share had a significant decrease overall, but substantial variation.