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 52.16 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 38.66 (%).Trend:Decrease 25.88% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 116.0 (%).Trend:Increase 200.05% than previous quarter

Overall: increasing (122.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 142.3 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 95.71 (%).Trend:Decrease 32.74% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 301.97 (%).Trend:Increase 215.51% than previous quarter

Overall: increasing (112.21%). 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 -59.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -41.54 (%).Trend:Decrease 30.49% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -115.2 (%).Trend:Increase 177.32% than previous quarter

Overall: decreasing (92.77%). 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 -33.25 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -33.22 (%).Trend:Decrease 0.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -23.97 (%).Trend:Decrease 27.84% than previous quarter

Overall: increasing (-27.91%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency (liabilities and current assets on revenue) shows a fluctuating, but ultimately upward trend.  Liabilities increased sharply in Q1 2020 after a stable period, and current assets displayed similar significant fluctuations.  Cost efficiency shows a decreasing trend in the ratio of retained earnings to revenue, with considerable variance between quarters.  Investment efficiency demonstrates a generally decreasing trend in retained earnings on assets.