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 41.19 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28.27 (%).Trend:Decrease 31.37% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 87.04 (%).Trend:Increase 207.89% than previous quarter

Overall: increasing (111.31%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 61.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 39.16 (%).Trend:Decrease 36.43% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 119.76 (%).Trend:Increase 205.82% than previous quarter

Overall: increasing (94.42%). 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 22.56 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 18.25 (%).Trend:Decrease 19.1% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 61.4 (%).Trend:Increase 236.44% than previous quarter

Overall: increasing (172.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.09 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.23 (%).Trend:Increase 0.61% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.83 (%).Trend:Increase 11.19% than previous quarter

Overall: increasing (11.87%). 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 10.92 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 12.98 (%).Trend:Increase 18.86% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 14.5 (%).Trend:Increase 11.71% than previous quarter

Overall: increasing (32.78%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.47 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.9 (USD).Trend:Increase 91.49% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 86.67% than previous quarter

Overall: decreasing (-74.47%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, Liabilities on Revenue, Current Assets on Revenue, and Ratio of Retained Earnings to Revenue all showed significant increases (111.31%, 94.42%, and 172.16%, respectively) with high fluctuation. SG&A Expense Ratio had a smaller, but still noticeable increase (11.87%) with low fluctuation. Retained Earnings on Assets increased (32.78%) with moderate fluctuation, while Earnings Per Share decreased (-74.47%) with high fluctuation.