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 28.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 18.35 (%).Trend:Decrease 35.36% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 52.82 (%).Trend:Increase 187.85% than previous quarter

Overall: increasing (86.05%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 111.35 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 79.26 (%).Trend:Decrease 28.82% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 282.39 (%).Trend:Increase 256.28% than previous quarter

Overall: increasing (153.61%). 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 30.52 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 24.43 (%).Trend:Decrease 19.95% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 95.8 (%).Trend:Increase 292.14% than previous quarter

Overall: increasing (213.89%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 7.92 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.04 (%).Trend:Increase 1.52% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.86 (%).Trend:Increase 10.2% than previous quarter

Overall: increasing (11.87%). 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 12.59 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 14.7 (%).Trend:Increase 16.76% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 17.37 (%).Trend:Increase 18.16% than previous quarter

Overall: increasing (37.97%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.13 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.53 (USD).Trend:Increase 35.4% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.4 (USD).Trend:Decrease 73.86% than previous quarter

Overall: decreasing (-64.6%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation in liabilities and current assets on revenue, both increasing overall in the 3 quarters. Cost efficiency reveals a similar pattern with a significant increase in the ratio of retained earnings to revenue, while SG&A expense ratio shows little fluctuation. Investment efficiency demonstrates a neutral fluctuation in retained earnings on assets. Earnings per share show significant fluctuation, decreasing overall.