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 127.23 (%).Trend:Decrease 41.77% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 484.64 (%).Trend:Increase 280.92% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 201.33 (%).Trend:Decrease 58.46% than previous quarter

Overall: increasing (58.24%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 611.9 (%).Trend:Decrease 57.57% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2402.68 (%).Trend:Increase 292.66% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 859.03 (%).Trend:Decrease 64.25% than previous quarter

Overall: increasing (40.39%). 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 -1711.19 (%).Trend:Decrease 49.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -6468.93 (%).Trend:Increase 278.04% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -2784.63 (%).Trend:Decrease 56.95% than previous quarter

Overall: decreasing (62.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 329.55 (%).Trend:Decrease 29.78% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 383.18 (%).Trend:Increase 16.27% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 304.36 (%).Trend:Decrease 20.57% than previous quarter

Overall: decreasing (-7.64%). Fluctuation: **Neutral** (moderate 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 -269.78 (%).Trend:Increase 20.1% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -262.29 (%).Trend:Decrease 2.78% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -315.38 (%).Trend:Increase 20.24% than previous quarter

Overall: decreasing (16.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show substantial volatility.  Liabilities on revenue increase overall, but exhibit significant fluctuations across quarters. Current assets on revenue also increase overall, but with equally significant variation.  Cost efficiency, as measured by the declining ratio of retained earnings to revenue, points to potential issues.  SG&A expense ratio trends downward but with moderate variation. Investment efficiency, reflected in the decreasing retained earnings on assets ratio, shows significant fluctuation. Further investigation is needed to understand the underlying causes of this volatility and identify any potential outliers.