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 50.05 (%).Trend:Decrease 26.62% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 254.88 (%).Trend:Increase 409.25% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 85.79 (%).Trend:Decrease 66.34% than previous quarter

Overall: increasing (71.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 56.93 (%).Trend:Decrease 33.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 284.93 (%).Trend:Increase 400.49% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 141.88 (%).Trend:Decrease 50.21% than previous quarter

Overall: increasing (149.22%). 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 76.41 (%).Trend:Decrease 32.31% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 288.66 (%).Trend:Increase 277.78% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 159.6 (%).Trend:Decrease 44.71% than previous quarter

Overall: increasing (108.87%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.92 (%).Trend:Decrease 1.81% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.53 (%).Trend:Increase 18.75% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38.01 (%).Trend:Increase 6.98% than previous quarter

Overall: increasing (27.04%). 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 51.58 (%).Trend:Increase 2.22% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 46.05 (%).Trend:Decrease 10.72% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 48.59 (%).Trend:Increase 5.52% than previous quarter

Overall: decreasing (-5.8%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 64.04% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 89.04% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 12.5% than previous quarter

Overall: decreasing (-90.41%). Fluctuation: **Significant** (high variation).



Financial performance from Q3 2019 to Q2 2020 shows inconsistent trends. Liabilities on revenue increased substantially, while current assets on revenue also had a large upswing and downswing. The ratio of retained earnings to revenue displays high variability, increasing significantly then decreasing.  Selling, General, and Administrative (SG&A) expenses show a moderate upward trend. Investment efficiency, measured by retained earnings on assets, has little fluctuation. Earnings per share dropped significantly then saw a slight uptick in the following quarter. Overall, there's significant volatility across most metrics, warranting further investigation into underlying causes.