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 122.9 (%).Trend:Decrease 33.04% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 201.38 (%).Trend:Increase 63.86% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 99.42 (%).Trend:Decrease 50.63% than previous quarter

Overall: decreasing (-19.1%). 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 21.04 (%).Trend:Decrease 1.77% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 21.97 (%).Trend:Increase 4.42% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 21.46 (%).Trend:Decrease 2.32% than previous quarter

Overall: increasing (2.0%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.87 (USD).Trend:Increase 29.86% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.59 (USD).Trend:Decrease 68.45% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 115.25% than previous quarter

Overall: decreasing (-32.09%). Fluctuation: **Significant** (high variation).



Financial statement analysis from Q3 2019 to Q2 2020 reveals fluctuating trends.  Retained earnings to revenue ratios show significant volatility, decreasing overall by 19.1%.  Earnings per share also decreased by 32.09%, with substantial quarter-to-quarter variation.  Investment efficiency, however, shows a modest increase (2.0%) with minimal fluctuation.