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 25.41 (%).Trend:Decrease 53.12% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 18.75 (%).Trend:Decrease 26.21% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 59.77 (%).Trend:Increase 218.77% than previous quarter

Overall: increasing (135.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 119.84 (%).Trend:Decrease 49.81% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 82.16 (%).Trend:Decrease 31.44% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 231.48 (%).Trend:Increase 181.74% than previous quarter

Overall: increasing (93.16%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.9 (%).Trend:Increase 1.95% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.01 (%).Trend:Increase 0.55% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.21 (%).Trend:Decrease 4.0% than previous quarter

Overall: decreasing (-3.47%). 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
Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.19 (USD).Trend:Increase 119.0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.42 (USD).Trend:Increase 56.16% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.55 (USD).Trend:Decrease 54.68% than previous quarter

Overall: decreasing (-29.22%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show considerable volatility.  Working capital efficiency displays significant fluctuations, with liabilities and current assets on revenue rising sharply in Q1 2020 after substantial decreases in preceding quarters. Cost efficiency exhibits a slight overall decline in SG&A expense ratios, with minor fluctuations. Investment efficiency shows substantial variations in earnings per share, decreasing sharply in Q1 2020 after showing upward trends in preceding quarters.