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 20.02 (%).Trend:Decrease 37.55% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 65.35 (%).Trend:Increase 226.42% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 60.06 (%).Trend:Decrease 8.09% than previous quarter

Overall: increasing (200.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 50.59 (%).Trend:Decrease 28.3% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 242.98 (%).Trend:Increase 380.29% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 161.59 (%).Trend:Decrease 33.5% than previous quarter

Overall: increasing (219.41%). 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 35.19 (%).Trend:Decrease 39.91% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 116.76 (%).Trend:Increase 231.8% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 66.05 (%).Trend:Decrease 43.43% than previous quarter

Overall: increasing (87.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.25 (%).Trend:Decrease 4.97% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.23 (%).Trend:Increase 20.38% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.73 (%).Trend:Increase 1.21% than previous quarter

Overall: increasing (21.84%). 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 29.36 (%).Trend:Decrease 6.65% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 24.23 (%).Trend:Decrease 17.47% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 22.63 (%).Trend:Decrease 6.6% than previous quarter

Overall: decreasing (-22.92%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.08 (USD).Trend:Increase 78.03% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.82 (USD).Trend:Decrease 159.09% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.64 (USD).Trend:Decrease 9.89% than previous quarter

Overall: decreasing (-153.25%). Fluctuation: **Significant** (high variation).



Analysis reveals significant fluctuations in key financial metrics from Q3 2019 to Q2 2020.  Liabilities on Revenue and Current assets on Revenue both showed substantial overall increases, while the Ratio of Retained Earnings to Revenue also increased.  Conversely, Retained Earning on Assets declined considerably, and Earning Per Share experienced a dramatic drop. Only SG&A expense ratio showed little fluctuation.