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 73.22 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 53.41 (%).Trend:Decrease 27.06% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 168.89 (%).Trend:Increase 216.21% than previous quarter

Overall: increasing (130.66%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 54.06 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 29.7 (%).Trend:Decrease 45.06% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 197.82 (%).Trend:Increase 566.06% than previous quarter

Overall: increasing (265.93%). 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 249.97 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 192.72 (%).Trend:Decrease 22.9% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 553.91 (%).Trend:Increase 187.42% than previous quarter

Overall: increasing (121.59%). 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 23.26 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.16 (%).Trend:Increase 3.87% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 19.24 (%).Trend:Decrease 20.36% than previous quarter

Overall: decreasing (-17.28%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.39 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.01 (USD).Trend:Increase 158.97% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.76 (USD).Trend:Decrease 274.26% than previous quarter

Overall: decreasing (-551.28%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant increases in both liabilities and current assets on revenue, with large fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, increased by 121.59%, but with large fluctuations. Investment efficiency shows a moderate decrease in retained earnings on assets. Earnings per share decreased significantly.