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 68.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 50.05 (%).Trend:Decrease 26.62% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 254.88 (%).Trend:Increase 409.25% than previous quarter

Overall: increasing (273.67%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 85.1 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 56.93 (%).Trend:Decrease 33.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 284.93 (%).Trend:Increase 400.49% than previous quarter

Overall: increasing (234.82%). 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 112.89 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 76.41 (%).Trend:Decrease 32.31% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 288.66 (%).Trend:Increase 277.78% than previous quarter

Overall: increasing (155.7%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 30.47 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29.92 (%).Trend:Decrease 1.81% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.53 (%).Trend:Increase 18.75% than previous quarter

Overall: increasing (16.61%). 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 50.46 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 51.58 (%).Trend:Increase 2.22% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 46.05 (%).Trend:Decrease 10.72% than previous quarter

Overall: decreasing (-8.74%). 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 1.46 (USD).Trend:Increase 64.04% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.16 (USD).Trend:Decrease 89.04% than previous quarter

Overall: decreasing (-82.02%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically from Q2 2019 to Q1 2020, then decreased significantly in Q2 2020.  Current assets on revenue also displayed a similar pattern of significant increases and decreases.  Cost efficiency shows a general upward trend in the SG&A expense ratio, with less fluctuation compared to the other metrics. The retained earnings-to-revenue ratio has substantial increases and decreases, while investment efficiency, measured by retained earnings on assets, shows a slight downward trend with little fluctuation. Earnings per share saw a sharp decline in Q1 2020, followed by a rebound but then declined again in the following quarter. Overall, significant fluctuations are evident across all metrics, highlighting the need for further investigation.