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 226.46 (%).Trend:Decrease 31.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 746.92 (%).Trend:Increase 229.82% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 390.4 (%).Trend:Decrease 47.73% than previous quarter

Overall: increasing (72.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.82 (%).Trend:Decrease 0.47% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.8 (%).Trend:Increase 5.83% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.74 (%).Trend:Decrease 5.96% than previous quarter

Overall: decreasing (-0.48%). 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 49.66 (%).Trend:Increase 2.52% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 50.64 (%).Trend:Increase 1.97% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 50.95 (%).Trend:Increase 0.61% than previous quarter

Overall: increasing (2.6%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis of Q3 2019 to Q2 2020 shows trends in working capital efficiency, cost efficiency, investment efficiency, retained earnings, and SG&A expense ratios.  Data for three quarters is available. The ratio of retained earnings to revenue shows a significant increase overall but with large fluctuations.  SG&A expense ratios show a slight overall decrease with limited variation.  Investment efficiency, as measured by retained earnings on assets, shows a small overall increase with limited quarter-to-quarter variation.