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 82.37 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 52.4 (%).Trend:Decrease 36.38% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 180.55 (%).Trend:Increase 244.56% than previous quarter

Overall: increasing (119.19%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 47.1 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 39.07 (%).Trend:Decrease 17.05% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 272.53 (%).Trend:Increase 597.54% than previous quarter

Overall: increasing (478.62%). 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 -304.26 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -173.72 (%).Trend:Decrease 42.9% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -387.79 (%).Trend:Increase 123.23% than previous quarter

Overall: decreasing (27.45%). 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 -57.52 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -40.23 (%).Trend:Decrease 30.06% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -22.57 (%).Trend:Decrease 43.9% than previous quarter

Overall: increasing (-60.76%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.17 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.08 (USD).Trend:Decrease 147.06% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.9 (USD).Trend:Increase 1025.0% than previous quarter

Overall: increasing (-629.41%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2019 to Q1 2020 show substantial fluctuations in working capital efficiency. Liabilities on revenue increased from 82.37% to 180.55%. Current assets on revenue increased to 272.53%.  Cost efficiency, indicated by the ratio of retained earnings to revenue, decreased by 27.45%. Investment efficiency, as measured by retained earnings on assets, shows an increasing trend, although with significant fluctuations. Earnings per share increased with volatility.