Working Capital Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 2: Liabilities on Revenue 60.8 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 32.27 (%).Trend:Decrease 46.92% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 126.18 (%).Trend:Increase 291.01% than previous quarter

Overall: increasing (107.53%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 191.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 105.34 (%).Trend:Decrease 45.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 298.89 (%).Trend:Increase 183.74% than previous quarter

Overall: increasing (56.05%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 2: Ratio of Retained Earnings to Revenue -39.46 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -24.94 (%).Trend:Decrease 36.8% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -65.24 (%).Trend:Increase 161.59% than previous quarter

Overall: decreasing (65.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.93 (%).Trend:Decrease 10.15% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13.02 (%).Trend:Increase 0.7% than previous quarter

Overall: decreasing (-9.52%). Fluctuation: **Little** (low variation).


Invest Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 2: Retained Earning on Assets -8.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -9.42 (%).Trend:Increase 9.53% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -9.18 (%).Trend:Decrease 2.55% than previous quarter

Overall: decreasing (6.74%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.69 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -0.78 (USD).Trend:Increase 13.04% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 129.49% than previous quarter

Overall: increasing (-133.33%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 display fluctuating trends. Liabilities on revenue significantly increased overall, with high variation in quarterly changes. Current assets-to-revenue ratios increased overall but similarly exhibited significant volatility. The retained earnings-to-revenue ratio decreased overall, again with significant quarterly variation. SG&A expense ratio slightly decreased overall with low volatility. Investment efficiency showed a fluctuating retained earning-on-assets ratio. Earnings per share also showed considerable variation and a substantial overall increase. This indicates short-term fluctuations and requires further analysis to identify the underlying causes and potential long-term implications.