Working Capital Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 216.91 (%).Trend:Decrease 47.59% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1327.28 (%).Trend:Increase 511.9% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 971.54 (%).Trend:Decrease 26.8% than previous quarter

Overall: increasing (347.9%). 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 0.84 (%).Trend:Decrease 2.33% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 0.94 (%).Trend:Increase 11.9% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 1.08 (%).Trend:Increase 14.89% than previous quarter

Overall: increasing (28.57%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.08 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 75.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.07 (USD).Trend:Increase 250.0% than previous quarter

Overall: decreasing (-12.5%). Fluctuation: **Significant** (high variation).



The financial statements from Q3 2019 to Q2 2020 show substantial fluctuations. Retained earnings to revenue exhibited high volatility, increasing significantly and then declining, followed by another steep increase.  Asset efficiency, as measured by retained earnings on assets, displayed a modest yet steady upward trend. Earnings per share, meanwhile, declined sharply then recovered, presenting a mixed picture of performance. The significant variance in the retained earnings to revenue ratio requires deeper analysis.