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 56.97 (%).Trend:Decrease 33.34% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 172.23 (%).Trend:Increase 202.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 87.8 (%).Trend:Decrease 49.02% than previous quarter

Overall: increasing (54.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 50.82 (%).Trend:Decrease 19.33% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 156.19 (%).Trend:Increase 207.34% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 93.13 (%).Trend:Decrease 40.37% than previous quarter

Overall: increasing (83.25%). 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 -58.49 (%).Trend:Decrease 35.8% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -156.71 (%).Trend:Increase 167.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -75.9 (%).Trend:Decrease 51.57% than previous quarter

Overall: decreasing (29.77%). 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 -7.77 (%).Trend:Decrease 0.13% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -7.32 (%).Trend:Decrease 5.79% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -6.99 (%).Trend:Decrease 4.51% than previous quarter

Overall: increasing (-10.04%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2019 to Q2 2020, significant fluctuations were observed in Liabilities on Revenue and Current assets on Revenue, both showing overall increases despite high variability. The Ratio of Retained Earnings to Revenue decreased overall with considerable volatility. Retained Earning on Assets shows slight improvement with notable fluctuation.  Further investigation into underlying factors causing the volatility is recommended.