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 1438.02 (%).Trend:Increase 246.33% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 768.87 (%).Trend:Decrease 46.53% than previous quarter

Overall: increasing (85.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 47.08 (%).Trend:Decrease 2.28% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 51.8 (%).Trend:Increase 10.03% than previous quarter

Overall: increasing (7.51%). 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 35.73 (%).Trend:Increase 7.75% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 35.55 (%).Trend:Decrease 0.5% than previous quarter

Overall: increasing (7.21%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.7 (USD).Trend:Decrease 201.45% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.44 (USD).Trend:Decrease 37.14% than previous quarter

Overall: increasing (-163.77%). Fluctuation: **Significant** (high variation).



Financial analysis of Q3 2019 to Q2 2020 shows a mixed picture.  Working capital efficiency, cost efficiency, and investment efficiency data are not fully specified.  Retained earnings as a percentage of revenue increased significantly in Q3 2019, then decreased in Q2 2020, exhibiting substantial fluctuation.  SG&A expense ratio trended upward slightly, though not significantly. Retained earnings on assets also increased in Q3 2019 before decreasing, demonstrating some variability.  Earnings per share decreased substantially in both Q3 2019 and Q2 2020, showing substantial fluctuation and negative overall growth.