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 65.28 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 46.27 (%).Trend:Decrease 29.12% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 101.23 (%).Trend:Increase 118.78% than previous quarter

Overall: increasing (55.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 215.57 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 158.09 (%).Trend:Decrease 26.66% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 501.88 (%).Trend:Increase 217.46% than previous quarter

Overall: increasing (132.82%). 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 332.56 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 245.33 (%).Trend:Decrease 26.23% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 769.52 (%).Trend:Increase 213.67% than previous quarter

Overall: increasing (131.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31.24 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 34.88 (%).Trend:Increase 11.65% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.81 (%).Trend:Decrease 3.07% than previous quarter

Overall: increasing (8.23%). 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 67.86 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 67.79 (%).Trend:Decrease 0.1% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 66.45 (%).Trend:Decrease 1.98% than previous quarter

Overall: decreasing (-2.08%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 show significant fluctuation in working capital efficiency. Liabilities on revenue increased (65.28% to 101.23%) then decreased (to 53.78%), while current assets on revenue also demonstrated substantial increases and decreases over the same time period.  Cost efficiency exhibits significant volatility in the ratio of retained earnings to revenue (332.56% to 769.52% then down to 403.26%).  Conversely, Selling, General & Administrative (SG&A) expense ratios show minimal fluctuation (a consistent upward trend with slight decrease at Q1 2020).  Investment efficiency, as measured by retained earnings on assets, demonstrates a minor downward trend (67.86% to 66.45% then a slight increase to 66.46%).  These findings highlight periods of substantial change in various financial metrics.