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 15.64 (%).Trend:Decrease 36.32% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 48.03 (%).Trend:Increase 207.1% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 27.01 (%).Trend:Decrease 43.76% than previous quarter

Overall: increasing (72.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 42.43 (%).Trend:Decrease 32.41% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 134.0 (%).Trend:Increase 215.81% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 72.82 (%).Trend:Decrease 45.66% than previous quarter

Overall: increasing (71.62%). 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 20.94 (%).Trend:Decrease 29.14% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 70.23 (%).Trend:Increase 235.39% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 38.61 (%).Trend:Decrease 45.02% than previous quarter

Overall: increasing (84.38%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.56 (%).Trend:Increase 0.33% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.28 (%).Trend:Increase 12.62% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 24.62 (%).Trend:Increase 1.4% than previous quarter

Overall: increasing (14.19%). 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 25.71 (%).Trend:Increase 6.2% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 26.7 (%).Trend:Increase 3.85% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 27.23 (%).Trend:Increase 1.99% than previous quarter

Overall: increasing (5.91%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show significant fluctuations in working capital efficiency metrics.  Liabilities and current assets on revenue exhibit substantial quarter-over-quarter variability, with increases followed by decreases.  Cost efficiency also demonstrates high volatility, particularly in the ratio of retained earnings to revenue.  Selling, General, and Administrative (SG&A) expense ratios show a more stable upward trend. Investment efficiency, measured by retained earnings on assets, displays a generally increasing trend but with lower volatility.  Earnings per share data is not provided for the period.  The overall trend indicates growth, though significant fluctuations warrant further investigation.