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 51.14 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 29.59 (%).Trend:Decrease 42.14% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 146.69 (%).Trend:Increase 395.74% than previous quarter

Overall: increasing (186.84%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 102.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 65.45 (%).Trend:Decrease 36.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 157.92 (%).Trend:Increase 141.28% than previous quarter

Overall: increasing (54.02%). 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 -95.67 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -69.55 (%).Trend:Decrease 27.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -125.67 (%).Trend:Increase 80.69% than previous quarter

Overall: decreasing (31.36%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.47 (%).Trend:Decrease 0.29% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3.25 (%).Trend:Decrease 6.34% than previous quarter

Overall: decreasing (-6.61%). 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 -11.94 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -12.81 (%).Trend:Increase 7.29% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -8.76 (%).Trend:Decrease 31.62% than previous quarter

Overall: increasing (-26.63%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.11 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -1.13 (USD).Trend:Decrease 1127.27% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.48 (USD).Trend:Decrease 230.97% than previous quarter

Overall: increasing (1245.45%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2019 to Q1 2020 exhibits substantial volatility across key metrics. Liabilities on revenue increased sharply in Q1 2020 after showing a decrease in the preceding quarters, displaying significant variation. Current assets on revenue similarly show a large increase in Q1 2020 after a period of decrease. Cost efficiency shows a negative trend in the ratio of retained earnings to revenue throughout the period, but the SG&A expense ratio declined overall. Investment efficiency and earnings per share exhibit significant variation, with earnings per share increasing sharply from negative values in Q3 2019 to Q1 2020.