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 46.72 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 31.82 (%).Trend:Decrease 31.89% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 84.62 (%).Trend:Increase 165.93% than previous quarter

Overall: increasing (81.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 282.74 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 179.2 (%).Trend:Decrease 36.62% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 492.64 (%).Trend:Increase 174.91% than previous quarter

Overall: increasing (74.24%). 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 -135.22 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -77.81 (%).Trend:Decrease 42.46% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -166.82 (%).Trend:Increase 114.39% than previous quarter

Overall: decreasing (23.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.55 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.17 (%).Trend:Decrease 10.29% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.98 (%).Trend:Decrease 3.12% than previous quarter

Overall: decreasing (-13.09%). 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 -40.38 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -36.07 (%).Trend:Decrease 10.67% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -27.61 (%).Trend:Decrease 23.45% than previous quarter

Overall: increasing (-31.62%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.41 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.09 (USD).Trend:Decrease 121.95% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.22 (USD).Trend:Increase 144.44% than previous quarter

Overall: increasing (-153.66%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2019-Q1 2020, liabilities on revenue increased (81.12%), and current assets on revenue also increased (74.24%), both showing significant fluctuation.  The ratio of retained earnings to revenue decreased (-23.37%), while SG&A expenses decreased (-13.09%). Retained earnings on assets increased (-31.62%), with earnings per share also increasing (-153.66%), indicating significant volatility.