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 41.98 (%).Trend:Decrease 13.43% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 203.54 (%).Trend:Increase 384.85% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 146.04 (%).Trend:Decrease 28.25% than previous quarter

Overall: increasing (247.88%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 374.52 (%).Trend:Decrease 6.62% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1815.99 (%).Trend:Increase 384.88% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 1326.12 (%).Trend:Decrease 26.98% than previous quarter

Overall: increasing (254.09%). 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 -175.91 (%).Trend:Decrease 10.85% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -940.18 (%).Trend:Increase 434.47% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -746.14 (%).Trend:Decrease 20.64% than previous quarter

Overall: decreasing (324.16%). 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 -39.27 (%).Trend:Increase 3.72% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -45.65 (%).Trend:Increase 16.25% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -52.66 (%).Trend:Increase 15.36% than previous quarter

Overall: decreasing (34.1%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.95 (USD).Trend:Decrease 16.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.14 (USD).Trend:Decrease 114.74% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.76 (USD).Trend:Increase 442.86% than previous quarter

Overall: decreasing (-180.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2019 to Q2 2020 reveals significant fluctuations.  Liabilities on revenue and current assets on revenue both increased substantially (247.88% and 254.09% respectively).  However, the ratio of retained earnings to revenue decreased significantly (-324.16%), as did retained earnings on assets (-34.1%). Earnings per share also experienced a considerable decrease (-180.0%).