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 52.01 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 39.37 (%).Trend:Decrease 24.3% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 102.91 (%).Trend:Increase 161.39% than previous quarter

Overall: increasing (97.87%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 101.72 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 67.75 (%).Trend:Decrease 33.4% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 198.54 (%).Trend:Increase 193.05% than previous quarter

Overall: increasing (95.18%). 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 56.43 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 38.49 (%).Trend:Decrease 31.79% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 100.23 (%).Trend:Increase 160.41% than previous quarter

Overall: increasing (77.62%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.14 (%).Trend:Decrease 3.34% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.58 (%).Trend:Decrease 5.52% than previous quarter

Overall: decreasing (-8.67%). 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 21.14 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 21.54 (%).Trend:Increase 1.89% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 18.83 (%).Trend:Decrease 12.58% than previous quarter

Overall: decreasing (-10.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.6 (USD).Trend:Increase 40.35% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.61 (USD).Trend:Decrease 61.88% than previous quarter

Overall: decreasing (-46.49%). Fluctuation: **Significant** (high variation).



Financial review of Q2 2019 to Q1 2020 reveals significant fluctuation in working capital efficiency. Liabilities and current assets on revenue exhibit substantial increases and decreases. The ratio of retained earnings to revenue shows a substantial overall increase, although fluctuations are notable. SG&A expense ratio displays a modest decrease overall. Investment efficiency shows a decrease in retained earnings on assets with minimal variation. Earnings per share show a substantial decline overall.