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 16.94 (%).Trend:Decrease 34.26% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 55.94 (%).Trend:Increase 230.22% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 24.11 (%).Trend:Decrease 56.9% than previous quarter

Overall: increasing (42.33%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 49.94 (%).Trend:Decrease 33.77% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 166.41 (%).Trend:Increase 233.22% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 81.42 (%).Trend:Decrease 51.07% than previous quarter

Overall: increasing (63.04%). 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 49.22 (%).Trend:Decrease 29.54% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 145.79 (%).Trend:Increase 196.2% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 83.65 (%).Trend:Decrease 42.62% than previous quarter

Overall: increasing (69.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.64 (%).Trend:Increase 1.68% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.38 (%).Trend:Decrease 3.92% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.33 (%).Trend:Increase 14.89% than previous quarter

Overall: increasing (10.39%). 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 46.02 (%).Trend:Increase 5.82% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 42.18 (%).Trend:Decrease 8.34% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 45.11 (%).Trend:Increase 6.95% than previous quarter

Overall: decreasing (-1.98%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 display significant variability in working capital efficiency.  Liabilities on revenue decreased in Q3 2019, then increased sharply in Q1 2020, before falling in Q2 2020, resulting in an overall increase (42.33%).  Current assets show a similar fluctuating pattern, increasing significantly in Q1 2020 after declining in Q3 2019, and then decreasing in Q2 2020, resulting in an overall increase (63.04%). Cost efficiency, reflected by the ratio of retained earnings to revenue, shows considerable fluctuation, increasing overall (69.95%). The selling, general, and administrative (SG&A) expense ratio shows a slight increase overall (10.39%) with minor fluctuation. Investment efficiency shows a small decrease (-1.98%) in retained earnings on assets with minimal fluctuation.