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 41.5 (%).Trend:Decrease 44.47% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28.96 (%).Trend:Decrease 30.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 77.08 (%).Trend:Increase 166.16% than previous quarter

Overall: increasing (85.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 23.47 (%).Trend:Decrease 39.49% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 16.21 (%).Trend:Decrease 30.93% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 47.35 (%).Trend:Increase 192.1% than previous quarter

Overall: increasing (101.75%). 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 -75.34 (%).Trend:Decrease 48.48% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -51.07 (%).Trend:Decrease 32.21% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -116.71 (%).Trend:Increase 128.53% than previous quarter

Overall: decreasing (54.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.85 (%).Trend:Increase 14.94% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.61 (%).Trend:Increase 4.03% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.74 (%).Trend:Increase 0.66% than previous quarter

Overall: increasing (4.72%). 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 -209.42 (%).Trend:Decrease 11.89% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -207.7 (%).Trend:Decrease 0.82% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -168.45 (%).Trend:Decrease 18.9% than previous quarter

Overall: increasing (-19.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Q2 2019 to Q1 2020 data shows significant fluctuations. Liabilities on revenue and current assets on revenue increased substantially.  The ratio of retained earnings to revenue decreased significantly. SG&A expenses increased modestly. Retained earnings on assets also improved.