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 39.43 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 24.02 (%).Trend:Decrease 39.08% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 66.91 (%).Trend:Increase 178.56% than previous quarter

Overall: increasing (69.69%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 100.76 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 60.79 (%).Trend:Decrease 39.67% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 170.73 (%).Trend:Increase 180.85% than previous quarter

Overall: increasing (69.44%). 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 102.59 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 71.73 (%).Trend:Decrease 30.08% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 210.55 (%).Trend:Increase 193.53% than previous quarter

Overall: increasing (105.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.9 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.02 (%).Trend:Decrease 5.53% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.99 (%).Trend:Decrease 20.17% than previous quarter

Overall: decreasing (-24.59%). 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 39.35 (%).Trend:Decrease 28.3% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 42.95 (%).Trend:Increase 9.15% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 44.83 (%).Trend:Increase 4.38% than previous quarter

Overall: increasing (13.93%). Fluctuation: **Little** (low variation).

Earning Per Share


The data reveals substantial fluctuations in working capital efficiency metrics (Liabilities and Current Assets on Revenue) and cost efficiency (Ratio of Retained Earnings to Revenue) from Q2 2019 to Q1 2020.  However, a decrease in SG&A expenses and a steady increase in Retained Earnings on Assets point towards potential areas of strength.  Further investigation is needed to understand the significant variations.