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 19.23 (%).Trend:Decrease 31.2% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 67.41 (%).Trend:Increase 250.55% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 41.93 (%).Trend:Decrease 37.8% than previous quarter

Overall: increasing (118.04%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 43.74 (%).Trend:Decrease 28.91% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 154.98 (%).Trend:Increase 254.32% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 94.17 (%).Trend:Decrease 39.24% than previous quarter

Overall: increasing (115.29%). 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 58.66 (%).Trend:Decrease 29.37% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 222.73 (%).Trend:Increase 279.7% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 142.77 (%).Trend:Decrease 35.9% than previous quarter

Overall: increasing (143.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2.8 (%).Trend:Increase 1.45% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.43 (%).Trend:Increase 22.5% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.8 (%).Trend:Increase 10.79% than previous quarter

Overall: increasing (35.71%). Fluctuation: **Neutral** (moderate 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 38.89 (%).Trend:Increase 2.56% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 38.99 (%).Trend:Increase 0.26% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 40.44 (%).Trend:Increase 3.72% than previous quarter

Overall: increasing (3.99%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 5.0 (USD).Trend:Increase 66.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 80.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-80.0%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 shows significant fluctuations in key ratios.  Liabilities and Current Assets on Revenue exhibit substantial increases (118.04% and 115.29%, respectively) and large variations. The Ratio of Retained Earnings to Revenue also shows a large increase (143.39%), but with high volatility.  SG&A Expense Ratio increased moderately (35.71%).  Retained Earnings on Assets showed a steady, low-variation increase (3.99%).  However, Earnings Per Share declined significantly (-80.0%).