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 27.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19.34 (%).Trend:Decrease 29.75% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 92.3 (%).Trend:Increase 377.25% than previous quarter

Overall: increasing (235.27%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 178.65 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 122.29 (%).Trend:Decrease 31.55% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 418.15 (%).Trend:Increase 241.93% than previous quarter

Overall: increasing (134.06%). 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 -188.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -132.23 (%).Trend:Decrease 30.01% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -440.52 (%).Trend:Increase 233.15% than previous quarter

Overall: decreasing (133.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 64.44 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 68.38 (%).Trend:Increase 6.11% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 91.34 (%).Trend:Increase 33.58% than previous quarter

Overall: increasing (41.74%). Fluctuation: **Neutral** (moderate 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 -70.44 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -73.61 (%).Trend:Increase 4.5% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -31.26 (%).Trend:Decrease 57.53% than previous quarter

Overall: increasing (-55.62%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q2 2019 to Q1 2020, liabilities on revenue showed a significant increase (235.27%), while current assets on revenue also increased significantly (134.06%). The ratio of retained earnings to revenue decreased significantly (133.17%), while SG&A expenses increased moderately (41.74%). Retained earnings on assets showed a significant increase (-55.62%).  All show significant fluctuation except SG&A.