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 47.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 40.92 (%).Trend:Decrease 14.59% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 40.11 (%).Trend:Decrease 1.98% than previous quarter

Overall: decreasing (-16.28%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 183.36 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 114.62 (%).Trend:Decrease 37.49% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 331.72 (%).Trend:Increase 189.41% than previous quarter

Overall: increasing (80.91%). 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 144.23 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 89.52 (%).Trend:Decrease 37.93% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 257.65 (%).Trend:Increase 187.81% than previous quarter

Overall: increasing (78.64%). 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 33.26 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 31.49 (%).Trend:Decrease 5.32% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 29.12 (%).Trend:Decrease 7.53% than previous quarter

Overall: decreasing (-12.45%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 suggest a complex financial picture.  Liabilities on revenue decreased slightly with low fluctuation.  Current assets on revenue saw substantial growth, but were highly volatile.  Cost efficiency, as measured by the ratio of retained earnings to revenue, significantly increased with significant fluctuations throughout the period.  Investment efficiency declined steadily, with little fluctuation.  The data present a dynamic financial picture requiring further evaluation.