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 22.81 (%).Trend:Decrease 31.67% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 109.88 (%).Trend:Increase 381.72% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 34.74 (%).Trend:Decrease 68.38% than previous quarter

Overall: increasing (52.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37.47 (%).Trend:Decrease 31.7% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 122.05 (%).Trend:Increase 225.73% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 60.64 (%).Trend:Decrease 50.32% than previous quarter

Overall: increasing (61.84%). 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 22.21 (%).Trend:Decrease 32.66% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 58.21 (%).Trend:Increase 162.09% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 25.42 (%).Trend:Decrease 56.33% than previous quarter

Overall: increasing (14.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.67 (%).Trend:Increase 2.93% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.79 (%).Trend:Increase 1.8% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.37 (%).Trend:Increase 8.54% than previous quarter

Overall: increasing (10.49%). 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 11.36 (%).Trend:Increase 1.07% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 9.03 (%).Trend:Decrease 20.51% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.55 (%).Trend:Decrease 16.39% than previous quarter

Overall: decreasing (-33.54%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.4 (USD).Trend:Increase 207.69% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.51 (USD).Trend:Decrease 227.5% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.27 (USD).Trend:Increase 149.02% than previous quarter

Overall: decreasing (-417.5%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 demonstrates significant volatility. Liabilities and current assets on revenue showed a pattern of substantial increases, then decreases. Cost efficiency (ratio of retained earnings to revenue) increased, though significantly fluctuating. SG&A expenses also increased, but with less volatility.  Investment efficiency, as measured by retained earnings on assets, declined. Earnings per share experienced a substantial decrease over the period. Overall, the data portrays a period of instability with both positive and negative trends.