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 46.18 (%).Trend:Decrease 29.35% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 147.13 (%).Trend:Increase 218.6% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 103.73 (%).Trend:Decrease 29.5% than previous quarter

Overall: increasing (124.62%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 77.93 (%).Trend:Decrease 32.6% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 252.87 (%).Trend:Increase 224.48% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 138.9 (%).Trend:Decrease 45.07% than previous quarter

Overall: increasing (78.24%). 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 -220.6 (%).Trend:Decrease 31.59% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -793.92 (%).Trend:Increase 259.89% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -551.58 (%).Trend:Decrease 30.52% than previous quarter

Overall: decreasing (150.04%). 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 -105.86 (%).Trend:Increase 1.86% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -122.92 (%).Trend:Increase 16.12% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -145.62 (%).Trend:Increase 18.47% than previous quarter

Overall: decreasing (37.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show significant quarter-to-quarter volatility.  Liabilities on revenue exhibit a notable increase, rising from a decrease in Q3 2019.  Conversely, current assets on revenue also trended upwards. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates a significant downward trend.  Investment efficiency (retained earnings on assets) displays a consistent downward trend. Overall, a fluctuating, negative financial performance is evident in the data with notable variability across the reporting periods.  This requires further investigation to identify possible underlying factors.