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 34.46 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 24.59 (%).Trend:Decrease 28.64% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 142.38 (%).Trend:Increase 479.02% than previous quarter

Overall: increasing (313.17%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 45.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 31.02 (%).Trend:Decrease 31.39% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 248.98 (%).Trend:Increase 702.64% than previous quarter

Overall: increasing (450.72%). 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 29.64 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 19.5 (%).Trend:Decrease 34.21% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 97.39 (%).Trend:Increase 399.44% than previous quarter

Overall: increasing (228.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.79 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.09 (%).Trend:Increase 2.03% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.54 (%).Trend:Increase 49.37% than previous quarter

Overall: increasing (52.4%). Fluctuation: **Neutral** (moderate 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 25.18 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.08 (%).Trend:Decrease 4.37% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 16.73 (%).Trend:Decrease 30.52% than previous quarter

Overall: decreasing (-33.56%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.31 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.35 (USD).Trend:Increase 45.02% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.87 (USD).Trend:Decrease 125.97% than previous quarter

Overall: decreasing (-137.66%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, significant increases were observed in liabilities on revenue (313.17%), current assets on revenue (450.72%), and the ratio of retained earnings to revenue (228.58%).  The SG&A expense ratio showed a moderate increase (52.4%), while retained earnings on assets decreased significantly (-33.56%).  Earning per share experienced a dramatic decline (-137.66%), suggesting potential concern.