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 25.79 (%).Trend:Decrease 31.32% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 80.1 (%).Trend:Increase 210.59% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 40.92 (%).Trend:Decrease 48.91% than previous quarter

Overall: increasing (58.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 60.24 (%).Trend:Decrease 32.31% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 196.81 (%).Trend:Increase 226.71% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 109.49 (%).Trend:Decrease 44.37% than previous quarter

Overall: increasing (81.76%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.69 (%).Trend:Decrease 0.47% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.17 (%).Trend:Increase 4.49% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.78 (%).Trend:Increase 14.41% than previous quarter

Overall: increasing (19.55%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Retained Earning on Assets
Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show significant fluctuations in working capital efficiency. Liabilities on revenue increased dramatically in Q1 2020 before decreasing in Q2 2020.  Similarly, current assets on revenue saw a large increase in Q1 2020, followed by a decrease in Q2 2020.  Cost efficiency, as measured by the SG&A expense ratio, displays a more consistent upward trend throughout the period, albeit with less drastic variation. Overall, working capital efficiency fluctuates significantly, while cost efficiency shows a more gradual increase.