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 10.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 8.23 (%).Trend:Decrease 20.41% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 16.19 (%).Trend:Increase 96.72% than previous quarter

Overall: increasing (56.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 73.09 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 48.5 (%).Trend:Decrease 33.64% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 142.03 (%).Trend:Increase 192.85% than previous quarter

Overall: increasing (94.32%). 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 22.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.88 (%).Trend:Decrease 5.82% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.27 (%).Trend:Increase 21.02% than previous quarter

Overall: increasing (13.98%). 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


Financial analysis of three quarters (Q2 2019 to Q1 2020) shows significant fluctuations in liabilities-to-revenue and current assets-to-revenue, with increasing trends.  Cost efficiency (SG&A) exhibits less significant variation, also increasing.  The data needs thorough analysis to determine specific causes and implications.