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 42.58 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 32.43 (%).Trend:Decrease 23.84% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 91.27 (%).Trend:Increase 181.44% than previous quarter

Overall: increasing (114.35%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 56.55 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 42.39 (%).Trend:Decrease 25.04% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 171.37 (%).Trend:Increase 304.27% than previous quarter

Overall: increasing (203.04%). 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 31.85 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 23.62 (%).Trend:Decrease 25.84% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 77.68 (%).Trend:Increase 228.87% than previous quarter

Overall: increasing (143.89%). 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 15.8 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 16.63 (%).Trend:Increase 5.25% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 16.37 (%).Trend:Decrease 1.56% than previous quarter

Overall: increasing (3.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.76 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.17 (USD).Trend:Increase 53.95% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.36 (USD).Trend:Decrease 69.23% than previous quarter

Overall: decreasing (-52.63%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 reveal significant volatility across key metrics.  Working capital efficiency shows substantial fluctuations in liabilities and current assets on revenue.  Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a similar pattern.  While investment efficiency shows relatively little variation in retained earnings on assets, earning per share (EPS) experiences a significant decrease followed by a minor recovery.  These findings highlight a period of substantial instability in the financial performance.