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 42.09 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28.17 (%).Trend:Decrease 33.07% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 78.01 (%).Trend:Increase 176.93% than previous quarter

Overall: increasing (85.34%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 50.83 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 33.39 (%).Trend:Decrease 34.31% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 102.71 (%).Trend:Increase 207.61% than previous quarter

Overall: increasing (102.07%). 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 47.19 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 31.01 (%).Trend:Decrease 34.29% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 104.85 (%).Trend:Increase 238.12% than previous quarter

Overall: increasing (122.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33.25 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 31.34 (%).Trend:Decrease 5.74% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.65 (%).Trend:Increase 13.75% than previous quarter

Overall: increasing (7.22%). 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 32.9 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 34.39 (%).Trend:Increase 4.53% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 35.87 (%).Trend:Increase 4.3% than previous quarter

Overall: increasing (9.03%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.39 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.46 (USD).Trend:Increase 274.36% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.56 (USD).Trend:Decrease 138.36% than previous quarter

Overall: decreasing (-243.59%). Fluctuation: **Significant** (high variation).



The data from Q2 2019 to Q1 2020 suggests significant but inconsistent improvements in working capital and cost efficiency. Liabilities and current assets on revenue increased substantially in Q1 2020, but fluctuating significantly throughout the period. The ratio of retained earnings to revenue also saw a large rise in Q1 2020. While SG&A expense ratios saw a stable increase, earning per share declined substantially.  Overall, the financial performance demonstrates significant variability, particularly in revenue-related metrics and earnings.