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 49.53 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 34.67 (%).Trend:Decrease 30.0% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 61.96 (%).Trend:Increase 78.71% than previous quarter

Overall: increasing (25.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 40.74 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 30.67 (%).Trend:Decrease 24.72% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 85.62 (%).Trend:Increase 179.17% than previous quarter

Overall: increasing (110.16%). 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 204.19 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 137.79 (%).Trend:Decrease 32.52% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 449.89 (%).Trend:Increase 226.5% than previous quarter

Overall: increasing (120.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.41 (%).Trend:Decrease 100.0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.1 (%).Trend:Decrease 1.6% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.05 (%).Trend:Decrease 0.26% than previous quarter

Overall: decreasing (-1.85%). 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 66.74 (%).Trend:Increase 3.54% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 66.49 (%).Trend:Decrease 0.37% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 68.03 (%).Trend:Increase 2.32% than previous quarter

Overall: increasing (1.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.89 (USD).Trend:Increase 189.0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 4.48 (USD).Trend:Increase 55.02% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.74 (USD).Trend:Decrease 83.48% than previous quarter

Overall: decreasing (-74.39%). Fluctuation: **Significant** (high variation).



The Q2 2019 to Q1 2020 data shows significant fluctuations.  Liabilities and current assets on revenue increased substantially (25.1% and 110.16%, respectively).  Ratio of retained earnings to revenue also showed a large increase (120.33%), contrasting with the slight decrease in SG&A expenses (-1.85%).  Retained earnings on assets saw a minor increase (1.93%), while earnings per share decreased significantly (-74.39%).