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 70.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 51.84 (%).Trend:Decrease 26.57% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 151.65 (%).Trend:Increase 192.53% than previous quarter

Overall: increasing (114.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 76.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 54.33 (%).Trend:Decrease 28.93% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 151.75 (%).Trend:Increase 179.31% than previous quarter

Overall: increasing (98.5%). 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 89.27 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 59.42 (%).Trend:Decrease 33.44% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 162.24 (%).Trend:Increase 173.04% than previous quarter

Overall: increasing (81.74%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.75 (%).Trend:Decrease 3.4% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.12 (%).Trend:Decrease 7.86% than previous quarter

Overall: decreasing (-10.99%). 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 39.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 39.04 (%).Trend:Decrease 1.81% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 37.2 (%).Trend:Decrease 4.71% than previous quarter

Overall: decreasing (-6.44%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statement analysis from Q2 2019 to Q1 2020 reveals a mixed picture. Working capital efficiency demonstrates significant fluctuation in both liabilities and current assets on revenue, with substantial increases over the period. Cost efficiency displays a slight decrease in the SG&A expense ratio, showing relatively stable performance. Investment efficiency, however, suggests a consistent minor decline in retained earnings on assets. Overall, the data suggests a volatile financial performance with significant changes across various efficiency metrics.