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 31.33 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19.93 (%).Trend:Decrease 36.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 54.61 (%).Trend:Increase 174.01% than previous quarter

Overall: increasing (74.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 49.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 32.02 (%).Trend:Decrease 35.25% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 83.38 (%).Trend:Increase 160.4% than previous quarter

Overall: increasing (68.61%). 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 -84.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -55.12 (%).Trend:Decrease 35.08% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -198.75 (%).Trend:Increase 260.58% than previous quarter

Overall: decreasing (134.07%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7.05 (%).Trend:Decrease 11.1% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.8 (%).Trend:Decrease 3.55% than previous quarter

Overall: decreasing (-14.25%). 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 -14.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -15.23 (%).Trend:Increase 2.01% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -18.76 (%).Trend:Increase 23.18% than previous quarter

Overall: decreasing (25.65%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.35 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.65 (USD).Trend:Increase 85.71% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.25 (USD).Trend:Decrease 138.46% than previous quarter

Overall: decreasing (-171.43%). Fluctuation: **Significant** (high variation).



Working capital efficiency in Q2 2019 to Q1 2020 shows a significant increase in liabilities on revenue (74.31%).  Current assets on revenue also increased (68.61%). Cost efficiency (ratio of retained earnings to revenue) decreased (134.07%) dramatically, while SG&A expense ratio decreased slightly (-14.25%). Invest efficiency shows a significant decrease (25.65%). Earnings per share also decreased considerably (-171.43%).  Overall, significant fluctuation is evident across all metrics.