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 100.37 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 89.14 (%).Trend:Decrease 11.19% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 277.94 (%).Trend:Increase 211.8% than previous quarter

Overall: increasing (176.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 91.73 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 58.58 (%).Trend:Decrease 36.14% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 217.7 (%).Trend:Increase 271.63% than previous quarter

Overall: increasing (137.33%). 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 -2.81 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -2.3 (%).Trend:Decrease 18.15% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -21.03 (%).Trend:Increase 814.35% than previous quarter

Overall: decreasing (648.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.24 (%).Trend:Decrease 1.02% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 23.35 (%).Trend:Increase 0.47% than previous quarter

Overall: decreasing (-0.55%). 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 -0.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -0.94 (%).Trend:Increase 23.68% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -2.69 (%).Trend:Increase 186.17% than previous quarter

Overall: decreasing (253.95%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.94 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -0.97 (USD).Trend:Increase 3.19% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.13 (USD).Trend:Decrease 86.6% than previous quarter

Overall: increasing (-86.17%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show significant fluctuations in financial metrics. Working capital efficiency demonstrates substantial increases in liabilities and current assets on revenue.  Cost efficiency shows a significant decline in the ratio of retained earnings to revenue with high variability. The SG&A expense ratio exhibited little variation.  Invest efficiency displays a decreasing trend with substantial variation in retained earnings on assets. Earning per share also displays a significant increase and high volatility.