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 50.55 (%).Trend:Decrease 32.13% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 127.82 (%).Trend:Increase 152.86% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 72.24 (%).Trend:Decrease 43.48% than previous quarter

Overall: increasing (42.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 73.42 (%).Trend:Decrease 42.81% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 370.52 (%).Trend:Increase 404.66% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 196.76 (%).Trend:Decrease 46.9% than previous quarter

Overall: increasing (167.99%). 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 64.96 (%).Trend:Decrease 38.98% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 144.26 (%).Trend:Increase 122.08% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 73.03 (%).Trend:Decrease 49.38% than previous quarter

Overall: increasing (12.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 44.97 (%).Trend:Decrease 4.97% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 25.99 (%).Trend:Decrease 42.21% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 24.06 (%).Trend:Decrease 7.43% than previous quarter

Overall: decreasing (-46.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 50.65% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.32 (USD).Trend:Decrease 72.41% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.58 (USD).Trend:Increase 81.25% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



Working capital efficiency for the period Q3 2019 to Q2 2020 shows significant variation.  Liabilities on revenue increased substantially in Q1 2020, then decreased in Q2 2020, resulting in a net increase of 42.91%. Current assets on revenue increased significantly in Q1 2020, then decreased in Q2 2020, resulting in a net increase of 167.99%. Cost efficiency, as measured by the ratio of retained earnings to revenue, also demonstrates significant fluctuation, increasing overall by 12.42%. Investment efficiency, measured by retained earnings on assets, decreased overall by 46.5%, indicating a significant decline. Earnings per share show significant increases and decreases, resulting in a net increase of -50.0%.