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 28.52 (%).Trend:Decrease 20.91% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 99.3 (%).Trend:Increase 248.18% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 54.14 (%).Trend:Decrease 45.48% than previous quarter

Overall: increasing (89.83%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 49.0 (%).Trend:Decrease 27.93% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 167.45 (%).Trend:Increase 241.73% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 88.22 (%).Trend:Decrease 47.32% than previous quarter

Overall: increasing (80.04%). 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 4.24 (%).Trend:Decrease 5.36% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 11.94 (%).Trend:Increase 181.6% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 2.44 (%).Trend:Decrease 79.56% than previous quarter

Overall: decreasing (-42.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.48 (%).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 34.61 (%).Trend:Increase 47.4% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36.81 (%).Trend:Increase 6.36% than previous quarter

Overall: increasing (56.77%). 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 3.05 (%).Trend:Increase 36.16% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 2.15 (%).Trend:Decrease 29.51% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 0.79 (%).Trend:Decrease 63.26% than previous quarter

Overall: decreasing (-74.1%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show increases in working capital efficiency (liabilities and current assets relative to revenue) and the SG&A expense ratio. However, cost efficiency (retained earnings to revenue) decreases significantly, while investment efficiency (retained earnings on assets) shows a notable decrease. All metrics display substantial fluctuation.