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 29.59 (%).Trend:Decrease 42.14% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 146.69 (%).Trend:Increase 395.74% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 29.77 (%).Trend:Decrease 79.71% than previous quarter

Overall: increasing (0.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 65.45 (%).Trend:Decrease 36.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 157.92 (%).Trend:Increase 141.28% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 77.83 (%).Trend:Decrease 50.72% than previous quarter

Overall: increasing (18.92%). 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 -69.55 (%).Trend:Decrease 27.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -125.67 (%).Trend:Increase 80.69% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -59.71 (%).Trend:Decrease 52.49% than previous quarter

Overall: increasing (-14.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.47 (%).Trend:Decrease 0.29% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.25 (%).Trend:Decrease 6.34% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.13 (%).Trend:Decrease 3.69% than previous quarter

Overall: decreasing (-9.8%). 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 -12.81 (%).Trend:Increase 7.29% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -8.76 (%).Trend:Decrease 31.62% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -8.19 (%).Trend:Decrease 6.51% than previous quarter

Overall: increasing (-36.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -1.13 (USD).Trend:Decrease 1127.27% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.48 (USD).Trend:Decrease 230.97% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.27 (USD).Trend:Increase 53.38% than previous quarter

Overall: increasing (-300.88%). Fluctuation: **Significant** (high variation).



Financial data from Q3 2019 to Q2 2020 reveals significant volatility. Liabilities on revenue increased dramatically in Q1 2020 after decreasing in Q3 2019, followed by a decrease in Q2 2020. Current assets on revenue also exhibit a similar pattern of increase in Q1 2020 and a decrease in Q2 2020, after decreasing in Q3 2019. Cost efficiency shows a negative trend in the retained earnings to revenue ratio. The SG&A expense ratio decreased overall. Investment efficiency and earnings per share show a highly variable pattern, with earnings per share significantly increasing from negative values in Q3 2019.