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 40.2 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 135.9 (%).Trend:Increase 238.06% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 65.53 (%).Trend:Decrease 51.78% than previous quarter

Overall: increasing (63.01%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 69.52 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 300.11 (%).Trend:Increase 331.69% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 131.96 (%).Trend:Decrease 56.03% than previous quarter

Overall: increasing (89.82%). 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 29.3 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 98.45 (%).Trend:Increase 236.01% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 45.96 (%).Trend:Decrease 53.32% than previous quarter

Overall: increasing (56.86%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.0 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.39 (%).Trend:Increase 28.42% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.2 (%).Trend:Decrease 18.54% than previous quarter

Overall: increasing (4.62%). 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 19.66 (%).Trend:Increase 11.01% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 16.32 (%).Trend:Decrease 16.99% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 17.31 (%).Trend:Increase 6.07% than previous quarter

Overall: decreasing (-11.95%). Fluctuation: **Little** (low variation).

Earning Per Share


The period from Q3 2019 to Q2 2020 shows substantial volatility in several key financial ratios.  Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue experienced significant increases overall, despite large quarterly swings.  The SG&A Expense Ratio saw a modest overall increase, but with less variability. Retained Earnings on Assets showed a small overall decrease with minimal fluctuation.