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 36.27 (%).Trend:Decrease 30.66% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 116.49 (%).Trend:Increase 221.17% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 80.99 (%).Trend:Decrease 30.47% than previous quarter

Overall: increasing (123.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 28.09 (%).Trend:Decrease 32.83% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 99.52 (%).Trend:Increase 254.29% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 52.43 (%).Trend:Decrease 47.32% than previous quarter

Overall: increasing (86.65%). 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 -13.31 (%).Trend:Decrease 36.07% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -42.45 (%).Trend:Increase 218.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -27.56 (%).Trend:Decrease 35.08% than previous quarter

Overall: decreasing (107.06%). 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 -7.02 (%).Trend:Decrease 3.97% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -7.03 (%).Trend:Increase 0.14% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -7.58 (%).Trend:Increase 7.82% than previous quarter

Overall: decreasing (7.98%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q3 2019 to Q2 2020 show significant fluctuations in working capital, cost, and investment efficiency.  Liabilities and current assets on revenue exhibited dramatic increases and decreases across the period, with large increases in Q1 2020.  The ratio of retained earnings to revenue decreased significantly with high variability.  Retained earnings on assets exhibited a small overall decrease, but with substantial fluctuations.