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 51.84 (%).Trend:Decrease 26.57% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 151.65 (%).Trend:Increase 192.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 79.27 (%).Trend:Decrease 47.73% than previous quarter

Overall: increasing (52.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 54.33 (%).Trend:Decrease 28.93% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 151.75 (%).Trend:Increase 179.31% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 76.23 (%).Trend:Decrease 49.77% than previous quarter

Overall: increasing (40.31%). 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 59.42 (%).Trend:Decrease 33.44% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 162.24 (%).Trend:Increase 173.04% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 83.79 (%).Trend:Decrease 48.35% than previous quarter

Overall: increasing (41.01%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.75 (%).Trend:Decrease 3.4% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.12 (%).Trend:Decrease 7.86% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.28 (%).Trend:Decrease 4.39% than previous quarter

Overall: decreasing (-11.9%). 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 39.04 (%).Trend:Decrease 1.81% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 37.2 (%).Trend:Decrease 4.71% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 38.06 (%).Trend:Increase 2.31% than previous quarter

Overall: decreasing (-2.51%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show significant volatility in working capital.  Liabilities and current assets on revenue both experienced substantial increases (52.91% and 40.31%, respectively) followed by notable decreases.  Cost efficiency demonstrates a pattern of increases in the ratio of retained earnings to revenue (41.01%) but also marked fluctuations.  Conversely, the SG&A expense ratio shows a steady decrease (-11.9%). Investment efficiency, however, suggests a minor decline in retained earnings on assets (-2.51%) with limited fluctuation.