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 40.88 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28.16 (%).Trend:Decrease 31.12% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 53.97 (%).Trend:Increase 91.65% than previous quarter

Overall: increasing (32.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 102.11 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 75.23 (%).Trend:Decrease 26.32% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 194.33 (%).Trend:Increase 158.31% than previous quarter

Overall: increasing (90.31%). 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 -8.81 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -2.01 (%).Trend:Decrease 77.19% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 27.59 (%).Trend:Decrease 1472.64% than previous quarter

Overall: increasing (-413.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -4.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -1.58 (%).Trend:Decrease 67.95% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 7.78 (%).Trend:Decrease 592.41% than previous quarter

Overall: increasing (-257.81%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q2 2019 to Q1 2020 shows significant instability. Working capital efficiency demonstrates a significant, yet fluctuating increase in both liabilities and current assets on revenue. Cost efficiency reveals a dramatic, negative overall trend in the retained earnings to revenue ratio, despite some positive quarterly changes.  Investment efficiency displays a substantial increase in retained earnings on assets, but highly volatile quarter-to-quarter changes.  The data highlights considerable instability in various financial metrics, demanding further review.