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 68.08 (%).Trend:Decrease 33.48% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 231.12 (%).Trend:Increase 239.48% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 117.23 (%).Trend:Decrease 49.28% than previous quarter

Overall: increasing (72.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 73.4 (%).Trend:Decrease 32.46% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 287.18 (%).Trend:Increase 291.25% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 146.52 (%).Trend:Decrease 48.98% than previous quarter

Overall: increasing (99.62%). 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 -41.52 (%).Trend:Decrease 38.56% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -117.7 (%).Trend:Increase 183.48% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -57.32 (%).Trend:Decrease 51.3% than previous quarter

Overall: decreasing (38.05%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.06 (%).Trend:Decrease 9.43% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12.09 (%).Trend:Decrease 7.43% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.31 (%).Trend:Increase 1.82% than previous quarter

Overall: decreasing (-5.74%). 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 -18.87 (%).Trend:Decrease 5.03% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -16.39 (%).Trend:Decrease 13.14% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -15.73 (%).Trend:Decrease 4.03% than previous quarter

Overall: increasing (-16.64%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -5.54 (USD).Trend:Decrease 7.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.09 (USD).Trend:Decrease 101.62% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.65 (USD).Trend:Increase 622.22% than previous quarter

Overall: increasing (-111.73%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 exhibits significant volatility.  Liabilities and current assets on revenue increased substantially (72.19% and 99.62%, respectively), but with massive quarter-over-quarter swings.  Cost efficiency shows a decreasing SG&A expense ratio, while retained earnings to revenue decreased overall, although initially displaying a large increase in Q1 2020. Investment efficiency showed improvement in retained earnings on assets.  Earnings per share displayed significant volatility and increase overall, suggesting instability.