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 57.34 (%).Trend:Decrease 33.92% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 119.41 (%).Trend:Increase 108.25% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 85.35 (%).Trend:Decrease 28.52% than previous quarter

Overall: increasing (48.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 32.78 (%).Trend:Decrease 30.48% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 119.95 (%).Trend:Increase 265.92% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 108.46 (%).Trend:Decrease 9.58% than previous quarter

Overall: increasing (230.87%). 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 160.29 (%).Trend:Decrease 33.1% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 438.14 (%).Trend:Increase 173.34% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 218.88 (%).Trend:Decrease 50.04% than previous quarter

Overall: increasing (36.55%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 61.54 (%).Trend:Decrease 18.64% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.99 (%).Trend:Decrease 46.39% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 32.25 (%).Trend:Decrease 2.24% than previous quarter

Overall: decreasing (-47.6%). Fluctuation: **Significant** (high 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 56.12 (%).Trend:Increase 1.41% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 55.06 (%).Trend:Decrease 1.89% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 48.09 (%).Trend:Decrease 12.66% than previous quarter

Overall: decreasing (-14.31%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial data from Q3 2019 to Q2 2020 displays considerable variability. Working capital efficiency, with both liabilities and current assets on revenue, shows increases. Cost efficiency, specifically the retained earnings-to-revenue ratio, also rises, yet the SG&A expense ratio is declining significantly.  Investment efficiency, measured by retained earnings on assets, is decreasing slightly, with low fluctuation.  The data indicate substantial shifts in performance across key metrics, requiring a deeper investigation.