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, measured by liabilities and current assets on revenue, demonstrates a strong upward trend, but with significant fluctuations. Liabilities increased dramatically in Q1 2020, after a relatively stable period. Current assets also followed a similar pattern of fluctuating heavily, with high increases and decreases. Cost efficiency shows a significant overall downward trend, with high fluctuations in the ratio of retained earnings to revenue, from negative values to increase dramatically in Q1 2020.  Invest efficiency exhibits a consistent, although not linear, negative trend in retained earnings on assets over the period.