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 101.32 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 64.67 (%).Trend:Decrease 36.17% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 191.53 (%).Trend:Increase 196.17% than previous quarter

Overall: increasing (89.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 174.79 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 120.4 (%).Trend:Decrease 31.12% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 388.64 (%).Trend:Increase 222.79% than previous quarter

Overall: increasing (122.35%). 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 271.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 185.43 (%).Trend:Decrease 31.73% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 549.17 (%).Trend:Increase 196.16% than previous quarter

Overall: increasing (102.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 60.02 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 61.35 (%).Trend:Increase 2.22% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 58.51 (%).Trend:Decrease 4.63% than previous quarter

Overall: decreasing (-2.52%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 3.6 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 5.21 (USD).Trend:Increase 44.72% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.75 (USD).Trend:Decrease 66.41% than previous quarter

Overall: decreasing (-51.39%). Fluctuation: **Significant** (high variation).



Analysis of the financial statements from Q2 2019 to Q1 2020 reveals significant volatility in working capital efficiency. Liabilities and current assets on revenue both displayed sharp increases and decreases. Cost efficiency, as measured by the retained earnings-to-revenue ratio, also demonstrated high variation, with a substantial increase in Q1 2020. Investment efficiency, as measured by retained earnings on assets, shows a slight overall decrease over the period, indicating a more stable trend.  Earnings per share also experienced substantial fluctuation, declining dramatically in Q1 2020.  The statements suggest a company with dynamic, yet highly variable financial performance.