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 27.79 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19.69 (%).Trend:Decrease 29.15% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 74.04 (%).Trend:Increase 276.03% than previous quarter

Overall: increasing (166.43%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 30.42 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 23.07 (%).Trend:Decrease 24.16% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 64.25 (%).Trend:Increase 178.5% than previous quarter

Overall: increasing (111.21%). 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 21.32 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 16.03 (%).Trend:Decrease 24.81% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 50.49 (%).Trend:Increase 214.97% than previous quarter

Overall: increasing (136.82%). 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 4.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 5.54 (%).Trend:Increase 13.76% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 5.88 (%).Trend:Increase 6.14% than previous quarter

Overall: increasing (20.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.89 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.37 (USD).Trend:Increase 53.93% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 72.26% than previous quarter

Overall: decreasing (-57.3%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show a pattern of fluctuating performance.  Liabilities and current assets on revenue both increased, but with significant variation.  The ratio of retained earnings to revenue also increased, but with considerable fluctuation. Investment efficiency showed a stable increase in retained earnings on assets, while earnings per share displayed substantial fluctuations.