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 191.68 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 117.01 (%).Trend:Decrease 38.96% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 150.6 (%).Trend:Increase 28.71% than previous quarter

Overall: decreasing (-21.43%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 194.31 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 119.66 (%).Trend:Decrease 38.42% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 165.14 (%).Trend:Increase 38.01% than previous quarter

Overall: decreasing (-15.01%). Fluctuation: **Neutral** (moderate 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 -86.05 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -53.81 (%).Trend:Decrease 37.47% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -199.8 (%).Trend:Increase 271.31% than previous quarter

Overall: decreasing (132.19%). 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 -13.66 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -13.32 (%).Trend:Decrease 2.49% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -17.47 (%).Trend:Increase 31.16% than previous quarter

Overall: decreasing (27.89%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 show a decrease in working capital efficiency, with liabilities and current assets on revenue declining overall.  However, cost efficiency, specifically the ratio of retained earnings to revenue, experienced a significant and highly variable decrease. Investment efficiency, measured by retained earnings on assets, also displayed a notable decrease with substantial fluctuations.  The neutral fluctuation in working capital efficiency contrasted with the significant fluctuations in cost and investment efficiency warrants further investigation.