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 59.45 (%).Trend:Decrease 23.88% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 182.25 (%).Trend:Increase 206.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 69.21 (%).Trend:Decrease 62.02% than previous quarter

Overall: increasing (16.42%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 84.6 (%).Trend:Decrease 36.82% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 309.61 (%).Trend:Increase 265.97% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 145.43 (%).Trend:Decrease 53.03% than previous quarter

Overall: increasing (71.9%). 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 261.15 (%).Trend:Decrease 32.45% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 778.37 (%).Trend:Increase 198.05% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 383.19 (%).Trend:Decrease 50.77% than previous quarter

Overall: increasing (46.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.58 (%).Trend:Decrease 0.13% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.33 (%).Trend:Decrease 1.06% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.31 (%).Trend:Decrease 4.37% than previous quarter

Overall: decreasing (-5.39%). 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
Year 2019 Quarter 3: Retained Earning on Assets 99.09 (%).Trend:Increase 4.36% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 88.81 (%).Trend:Decrease 10.37% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 92.42 (%).Trend:Increase 4.06% than previous quarter

Overall: decreasing (-6.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 60.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 5.0 (USD).Trend:Increase 150.0% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2019 to Q2 2020 reveals significant fluctuations. Liabilities on revenue and current assets on revenue increased overall. The ratio of retained earnings to revenue also increased significantly.  The SG&A expense ratio decreased, showing low variation. Retained earnings on assets decreased slightly. Earnings per share remained stable despite significant fluctuation.