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 19.85 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 14.81 (%).Trend:Decrease 25.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 39.45 (%).Trend:Increase 166.37% than previous quarter

Overall: increasing (98.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 70.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 49.75 (%).Trend:Decrease 29.53% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 139.52 (%).Trend:Increase 180.44% than previous quarter

Overall: increasing (97.62%). 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 91.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 63.76 (%).Trend:Decrease 30.35% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 195.8 (%).Trend:Increase 207.09% than previous quarter

Overall: increasing (113.9%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3.25 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3.14 (%).Trend:Decrease 3.38% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2.73 (%).Trend:Decrease 13.06% than previous quarter

Overall: decreasing (-16.0%). 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 60.56 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 60.14 (%).Trend:Decrease 0.69% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 61.64 (%).Trend:Increase 2.49% than previous quarter

Overall: increasing (1.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.89 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.79 (USD).Trend:Increase 31.14% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.07 (USD).Trend:Decrease 98.15% than previous quarter

Overall: decreasing (-97.58%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show significant fluctuations in working capital efficiency metrics. Liabilities on revenue and current assets on revenue both increased substantially, with notable quarterly variations.  Cost efficiency, as measured by the SG&A expense ratio, decreased steadily, while the ratio of retained earnings to revenue saw substantial increases and fluctuations. Investment efficiency, measured by retained earnings on assets, displayed a slight upward trend with minor variations.  Earnings per share, however, decreased dramatically, indicating a significant concern.  The data suggests potential issues with revenue management, substantial increases in assets, and a significant decline in earnings, requiring further investigation.