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 43.39 (%).Trend:Decrease 37.49% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 196.33 (%).Trend:Increase 352.48% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 173.39 (%).Trend:Decrease 11.68% than previous quarter

Overall: increasing (299.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 41.5 (%).Trend:Decrease 53.48% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 192.87 (%).Trend:Increase 364.75% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 189.23 (%).Trend:Decrease 1.89% than previous quarter

Overall: increasing (355.98%). 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 91.78 (%).Trend:Decrease 28.87% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 307.88 (%).Trend:Increase 235.45% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 216.7 (%).Trend:Decrease 29.62% than previous quarter

Overall: increasing (136.11%). 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 40.99 (%).Trend:Increase 8.3% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 36.55 (%).Trend:Decrease 10.83% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 32.8 (%).Trend:Decrease 10.26% than previous quarter

Overall: decreasing (-19.98%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 10.55 (USD).Trend:Increase 34.39% than previous quarter
Year 2020 Quarter 1: Earning Per Share -2.08 (USD).Trend:Decrease 119.72% than previous quarter
Year 2020 Quarter 2: Earning Per Share -7.93 (USD).Trend:Increase 281.25% than previous quarter

Overall: decreasing (-175.17%). Fluctuation: **Significant** (high variation).



Working capital efficiency (liabilities and current assets on revenue) increased significantly from Q3 2019 to Q2 2020, but with substantial volatility.  Cost efficiency, as measured by the retained earnings to revenue ratio, saw a similar pattern of significant increase and decrease.  Investment efficiency (retained earnings on assets) showed a slight overall decrease but with relatively stable fluctuations. Earnings per share decreased substantially from Q3 2019 to Q2 2020, exhibiting significant volatility.