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 38.73 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 56.43 (%).Trend:Increase 45.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 83.9 (%).Trend:Increase 48.68% than previous quarter

Overall: increasing (116.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 60.83 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 74.03 (%).Trend:Increase 21.7% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 138.69 (%).Trend:Increase 87.34% than previous quarter

Overall: increasing (128.0%). 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 55.03 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 34.83 (%).Trend:Decrease 36.71% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 83.35 (%).Trend:Increase 139.31% than previous quarter

Overall: increasing (51.46%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 24.21 (%).Trend:Increase 7.84% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.0 (%).Trend:Decrease 17.39% than previous quarter

Overall: decreasing (-10.91%). 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 9.98 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 4.79 (%).Trend:Decrease 52.0% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 6.7 (%).Trend:Increase 39.87% than previous quarter

Overall: decreasing (-32.87%). Fluctuation: **Significant** (high 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 2.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter

Overall: increasing (50.0%). Fluctuation: **Neutral** (moderate variation).



Working capital efficiency shows significant fluctuations, with liabilities on revenue and current assets on revenue both increasing substantially over the three quarters, exhibiting high volatility. Cost efficiency shows a mixed picture, with the SG&A expense ratio decreasing, while the retained earnings to revenue ratio is increasing significantly.  Investment efficiency displays a downward trend in retained earnings on assets, and earning per share is increasing with significant fluctuation.  Overall, the data suggests substantial variance in financial performance across different areas of analysis.