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 19.14 (%).Trend:Decrease 37.49% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 80.32 (%).Trend:Increase 319.64% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.92 (%).Trend:Decrease 56.52% than previous quarter

Overall: increasing (82.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37.52 (%).Trend:Decrease 39.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 150.51 (%).Trend:Increase 301.15% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 68.35 (%).Trend:Decrease 54.59% than previous quarter

Overall: increasing (82.17%). 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 5.31 (%).Trend:Decrease 10.15% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 22.99 (%).Trend:Increase 332.96% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 14.5 (%).Trend:Decrease 36.93% than previous quarter

Overall: increasing (173.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.26 (%).Trend:Decrease 2.02% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.63 (%).Trend:Increase 4.48% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.29 (%).Trend:Decrease 3.94% than previous quarter

Overall: increasing (0.36%). 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 4.72 (%).Trend:Increase 40.9% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 5.87 (%).Trend:Increase 24.36% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.82 (%).Trend:Increase 33.22% than previous quarter

Overall: increasing (65.68%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency (Q3 2019 - Q2 2020) shows significant variation. Liabilities on revenue decreased in Q3 2019 before rising sharply in Q1 2020, then falling again in Q2 2020.  Current assets on revenue display similar fluctuation. Cost efficiency shows large fluctuations in the ratio of retained earnings to revenue, from Q3 2019 to Q2 2020. SG&A expense ratio exhibited minimal change. Invest efficiency, as measured by retained earnings on assets, also shows significant fluctuation, with increases in all periods.