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 63.43 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 42.1 (%).Trend:Decrease 33.63% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 148.85 (%).Trend:Increase 253.56% than previous quarter

Overall: increasing (134.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 75.1 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 49.95 (%).Trend:Decrease 33.49% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 169.04 (%).Trend:Increase 238.42% than previous quarter

Overall: increasing (125.09%). 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 1.59 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 1.28 (%).Trend:Decrease 19.5% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1.44 (%).Trend:Increase 12.5% than previous quarter

Overall: decreasing (-9.43%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.61 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.33 (%).Trend:Decrease 1.43% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 21.2 (%).Trend:Increase 9.67% than previous quarter

Overall: increasing (8.11%). 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 0.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 0.92 (%).Trend:Increase 21.05% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 0.32 (%).Trend:Decrease 65.22% than previous quarter

Overall: decreasing (-57.89%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 show varying trends. Working capital efficiency, measured by liabilities and current assets on revenue, increased substantially in Q1 2020, following a decrease in Q3 2019. Cost efficiency demonstrates a mildly decreasing ratio of retained earnings to revenue with relatively minor fluctuation. SG&A expense ratio increased slightly. Investment efficiency shows a significant decrease in retained earnings on assets in Q1 2020, following a period of slight increases in prior quarters. Overall, there are signs of fluctuating performance, with some areas showing promising increases.