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 68.61 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 41.36 (%).Trend:Decrease 39.72% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 178.04 (%).Trend:Increase 330.46% than previous quarter

Overall: increasing (159.5%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 43.06 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 27.22 (%).Trend:Decrease 36.79% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 122.77 (%).Trend:Increase 351.03% than previous quarter

Overall: increasing (185.11%). 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 91.57 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 61.76 (%).Trend:Decrease 32.55% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 231.79 (%).Trend:Increase 275.31% than previous quarter

Overall: increasing (153.13%). 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 36.42 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 38.48 (%).Trend:Increase 5.66% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 36.34 (%).Trend:Decrease 5.56% than previous quarter

Overall: decreasing (-0.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 4.0 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 125.0% than previous quarter

Overall: decreasing (-150.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show significant fluctuations. Liabilities and current assets on revenue both increased substantially (159.5% and 185.11%, respectively), indicating potentially strained working capital. Cost efficiency also shows a significant increase (153.13%) in the retained earnings ratio.  However, investment efficiency shows a minor decrease (-0.22%) in retained earnings on assets, while earnings per share have significantly decreased (-150%).