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 40.55 (%).Trend:Decrease 43.53% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 203.43 (%).Trend:Increase 401.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 65.17 (%).Trend:Decrease 67.96% than previous quarter

Overall: increasing (60.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 31.97 (%).Trend:Decrease 31.34% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 124.29 (%).Trend:Increase 288.77% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 54.69 (%).Trend:Decrease 56.0% than previous quarter

Overall: increasing (71.07%). 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 179.21 (%).Trend:Decrease 39.63% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 586.35 (%).Trend:Increase 227.19% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 271.08 (%).Trend:Decrease 53.77% than previous quarter

Overall: increasing (51.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 27.77 (%).Trend:Increase 4.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 23.77 (%).Trend:Decrease 14.4% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 23.69 (%).Trend:Decrease 0.34% than previous quarter

Overall: decreasing (-14.69%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.99 (USD).Trend:Increase 168.92% than previous quarter
Year 2020 Quarter 1: Earning Per Share -2.46 (USD).Trend:Decrease 223.62% than previous quarter
Year 2020 Quarter 2: Earning Per Share -2.03 (USD).Trend:Decrease 17.48% than previous quarter

Overall: decreasing (-202.01%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 is examined.  Working capital efficiency (liabilities and current assets on revenue) showed substantial increases but with considerable volatility. Cost efficiency, as measured by the ratio of retained earnings to revenue, also increased with significant fluctuations.  Investment efficiency, measured by retained earnings on assets, decreased slightly.  Earnings per share, however, decreased significantly, transitioning from positive to negative values over the period.  Overall, the period exhibited marked volatility in several crucial financial indicators.