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 29.47 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 18.67 (%).Trend:Decrease 36.65% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 56.41 (%).Trend:Increase 202.14% than previous quarter

Overall: increasing (91.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 83.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 53.86 (%).Trend:Decrease 35.41% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 168.51 (%).Trend:Increase 212.87% than previous quarter

Overall: increasing (102.07%). 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 39.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 27.4 (%).Trend:Decrease 31.35% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 85.44 (%).Trend:Increase 211.82% than previous quarter

Overall: increasing (114.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.14 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.2 (%).Trend:Increase 0.84% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.08 (%).Trend:Increase 26.11% than previous quarter

Overall: increasing (27.17%). Fluctuation: **Neutral** (moderate 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 27.96 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 29.02 (%).Trend:Increase 3.79% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 27.44 (%).Trend:Decrease 5.44% than previous quarter

Overall: decreasing (-1.86%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.56 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 2.12 (USD).Trend:Increase 35.9% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.94 (USD).Trend:Decrease 144.34% than previous quarter

Overall: decreasing (-160.26%). Fluctuation: **Significant** (high variation).



Q2 2019 to Q1 2020 financial data shows significant increases in working capital efficiency, with notable increases in liabilities and current assets on revenue. Cost efficiency, measured by the ratio of retained earnings to revenue, increased significantly. SG&A expenses increased slightly over the period, although with modest fluctuations. Investment efficiency had a marginal decrease, and earnings per share experienced a steep decline.