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 188.03 (%).Trend:Decrease 40.63% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 268.15 (%).Trend:Increase 42.61% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 391.71 (%).Trend:Increase 46.08% than previous quarter

Overall: increasing (108.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 928.37 (%).Trend:Decrease 31.75% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1778.07 (%).Trend:Increase 91.53% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 1953.82 (%).Trend:Increase 9.88% than previous quarter

Overall: increasing (110.46%). 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 -4795.6 (%).Trend:Decrease 41.24% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -11277.76 (%).Trend:Increase 135.17% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -9442.84 (%).Trend:Decrease 16.27% than previous quarter

Overall: decreasing (96.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 221.79 (%).Trend:Decrease 13.79% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 191.65 (%).Trend:Decrease 13.59% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 293.52 (%).Trend:Increase 53.15% than previous quarter

Overall: increasing (32.34%). 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 -392.69 (%).Trend:Decrease 8.69% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -474.98 (%).Trend:Increase 20.96% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -389.6 (%).Trend:Decrease 17.98% than previous quarter

Overall: increasing (-0.79%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 shows a mixed picture. Liabilities on revenue increased substantially (108.32%), and current assets on revenue also increased notably (110.46%). Cost efficiency indicates a significant decline in the Ratio of Retained Earnings to Revenue (96.91%), while the Selling, General & Administrative (SG&A) Expense Ratio increased (32.34%). Investment efficiency experienced a slight decrease in Retained Earnings on Assets (-0.79%), with significant fluctuations throughout.