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 -131.91 (%).Trend:Decrease 100.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -579.49 (%).Trend:Increase 339.31% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -575.17 (%).Trend:Decrease 0.75% than previous quarter

Overall: decreasing (336.03%). 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 -31.75 (%).Trend:Increase 6.37% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -35.77 (%).Trend:Increase 12.66% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -43.02 (%).Trend:Increase 20.27% than previous quarter

Overall: decreasing (35.5%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -1.19 (USD).Trend:Increase 54.55% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.94 (USD).Trend:Decrease 21.01% than previous quarter
Year 2020 Quarter 2: Earning Per Share -30.46 (USD).Trend:Increase 3140.43% than previous quarter

Overall: decreasing (2459.66%). Fluctuation: **Significant** (high variation).



The financial analysis from Q3 2019 to Q2 2020 reveals a pattern of significant fluctuation in several key performance indicators. The retained earnings-to-revenue ratio demonstrates an overall decrease with substantial variation across quarters. Retained earnings on assets display a similar decreasing trend with high volatility.  Earnings per share show a notable decreasing pattern with significant fluctuations, suggesting a volatile financial position that warrants a deeper investigation.