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 50.36 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 35.32 (%).Trend:Decrease 29.86% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 97.71 (%).Trend:Increase 176.64% than previous quarter

Overall: increasing (94.02%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 80.03 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 50.38 (%).Trend:Decrease 37.05% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 170.89 (%).Trend:Increase 239.2% than previous quarter

Overall: increasing (113.53%). 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 11.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 11.08 (%).Trend:Decrease 0.81% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 46.83 (%).Trend:Increase 322.65% than previous quarter

Overall: increasing (319.25%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 20.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.1 (%).Trend:Decrease 1.86% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.37 (%).Trend:Decrease 8.61% than previous quarter

Overall: decreasing (-10.3%). 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 3.05 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 4.66 (%).Trend:Increase 52.79% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 6.37 (%).Trend:Increase 36.7% than previous quarter

Overall: increasing (108.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 66.67% than previous quarter

Overall: decreasing (-50.0%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue showed significant increases with high variations.  Conversely, the selling, general, and administrative (SG&A) expense ratio decreased slightly. Retained earnings on assets increased significantly, while earnings per share decreased significantly.