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 62.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 33.75 (%).Trend:Decrease 45.86% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 91.13 (%).Trend:Increase 170.01% than previous quarter

Overall: increasing (46.18%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 117.32 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 62.89 (%).Trend:Decrease 46.39% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 154.72 (%).Trend:Increase 146.02% than previous quarter

Overall: increasing (31.88%). 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 -15.99 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -12.28 (%).Trend:Decrease 23.2% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -65.87 (%).Trend:Increase 436.4% than previous quarter

Overall: decreasing (311.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.08 (%).Trend:Decrease 11.5% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 15.3 (%).Trend:Decrease 4.85% than previous quarter

Overall: decreasing (-15.8%). 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 -3.68 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -4.89 (%).Trend:Increase 32.88% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -9.65 (%).Trend:Increase 97.34% than previous quarter

Overall: decreasing (162.23%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -1.82 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -2.7 (USD).Trend:Increase 48.35% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.89 (USD).Trend:Decrease 67.04% than previous quarter

Overall: increasing (-51.1%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, liabilities on revenue increased by 46.18%, and current assets on revenue increased by 31.88%, suggesting improved working capital.  The ratio of retained earnings to revenue decreased significantly (-311.94%), while SG&A expense decreased moderately.  Retained earnings on assets decreased significantly (-162.23%), and earnings per share showed a significant increase (-51.1%).  All metrics showed significant fluctuation.