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 -212.67 (%).Trend:Decrease 29.8% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -602.12 (%).Trend:Increase 183.12% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -336.88 (%).Trend:Decrease 44.05% than previous quarter

Overall: decreasing (58.41%). 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 -13.64 (%).Trend:Decrease 1.16% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -13.12 (%).Trend:Decrease 3.81% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -15.52 (%).Trend:Increase 18.29% than previous quarter

Overall: decreasing (13.78%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.16 (USD).Trend:Increase 23.4% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.27 (USD).Trend:Increase 9.48% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.85 (USD).Trend:Decrease 33.07% than previous quarter

Overall: decreasing (-26.72%). Fluctuation: **Neutral** (moderate variation).



Financial analysis from Q3 2019 to Q2 2020 reveals a significant fluctuation in key financial ratios. The ratio of retained earnings to revenue shows a significant decrease overall with substantial quarter-to-quarter variations. Retained earnings on assets similarly display a considerable decline with significant fluctuations. Earnings per share, however, show a slightly less volatile decreasing trend.  This analysis highlights potentially problematic financial performance trends requiring closer investigation.