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 41.86 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 27.68 (%).Trend:Decrease 33.87% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 106.38 (%).Trend:Increase 284.32% than previous quarter

Overall: increasing (154.13%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 31.32 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 20.48 (%).Trend:Decrease 34.61% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 101.38 (%).Trend:Increase 395.02% than previous quarter

Overall: increasing (223.69%). 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 -99.85 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -74.31 (%).Trend:Decrease 25.58% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -686.25 (%).Trend:Increase 823.5% than previous quarter

Overall: decreasing (587.28%). 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 -15.05 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -16.9 (%).Trend:Increase 12.29% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -47.98 (%).Trend:Increase 183.91% than previous quarter

Overall: decreasing (218.8%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.46 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.35 (USD).Trend:Decrease 23.91% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.58 (USD).Trend:Increase 65.71% than previous quarter

Overall: increasing (26.09%). Fluctuation: **Neutral** (moderate variation).



Financial data for Q2 2019 to Q1 2020 shows significant fluctuations.  Liabilities and current assets on revenue are both increasing, but with extremely high variation.  Cost efficiency, measured by the ratio of retained earnings to revenue, is sharply decreasing, with large swings. Investment efficiency, measured by retained earnings on assets, is also decreasing significantly. Earnings per share show a moderate increase.