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 46.64 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 25.87 (%).Trend:Decrease 44.53% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 71.73 (%).Trend:Increase 177.27% than previous quarter

Overall: increasing (53.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 100.47 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 62.1 (%).Trend:Decrease 38.19% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 203.54 (%).Trend:Increase 227.76% than previous quarter

Overall: increasing (102.59%). 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 104.24 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 70.37 (%).Trend:Decrease 32.49% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 261.96 (%).Trend:Increase 272.26% than previous quarter

Overall: increasing (151.3%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.78 (%).Trend:Decrease 3.23% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.34 (%).Trend:Increase 24.41% than previous quarter

Overall: increasing (20.39%). 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 53.04 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 56.58 (%).Trend:Increase 6.67% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 60.8 (%).Trend:Increase 7.46% than previous quarter

Overall: increasing (14.63%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.89 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.62 (USD).Trend:Increase 82.02% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.23 (USD).Trend:Decrease 85.8% than previous quarter

Overall: decreasing (-74.16%). Fluctuation: **Significant** (high variation).



Financial data for Q2 2019 to Q1 2020 reveals significant variations across key financial metrics.  Working capital efficiency and cost efficiency metrics increased substantially with significant fluctuations.  Selling, general, and administrative (SG&A) expense ratio also increased, but with more stable fluctuations. Investment efficiency demonstrated a gradual increase in retained earnings on assets.  Earnings per share, however, dropped substantially in Q1 2020.