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 33.8 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 30.99 (%).Trend:Decrease 8.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 77.44 (%).Trend:Increase 149.89% than previous quarter

Overall: increasing (129.11%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 52.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 43.75 (%).Trend:Decrease 16.59% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 133.84 (%).Trend:Increase 205.92% than previous quarter

Overall: increasing (155.18%). 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 194.98 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 126.12 (%).Trend:Decrease 35.32% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 399.72 (%).Trend:Increase 216.94% than previous quarter

Overall: increasing (105.01%). 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 31.23 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 29.43 (%).Trend:Decrease 5.76% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 29.39 (%).Trend:Decrease 0.14% than previous quarter

Overall: decreasing (-5.89%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.1 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.19 (USD).Trend:Increase 51.9% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 68.65% than previous quarter

Overall: decreasing (-52.38%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2019 to Q1 2020 reveals substantial variations. Liabilities and current assets on revenue exhibit significant increases with high volatility.  The ratio of retained earnings to revenue also displays considerable increase and decrease, with major fluctuations.  Investment efficiency shows a modest decrease, though the quarterly variations are lower.  Earnings per share also shows considerable fluctuation, declining overall.  Overall, the data indicates instability across most financial metrics.