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 25.28 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 24.32 (%).Trend:Decrease 3.8% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 46.58 (%).Trend:Increase 91.53% than previous quarter

Overall: increasing (84.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 76.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 84.29 (%).Trend:Increase 10.6% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 171.73 (%).Trend:Increase 103.74% than previous quarter

Overall: increasing (125.34%). 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 107.36 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 72.64 (%).Trend:Decrease 32.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 187.28 (%).Trend:Increase 157.82% than previous quarter

Overall: increasing (74.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.97 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.77 (%).Trend:Decrease 2.01% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.9 (%).Trend:Decrease 8.9% than previous quarter

Overall: decreasing (-10.73%). 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 26.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.2 (%).Trend:Decrease 8.78% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 25.36 (%).Trend:Increase 4.79% than previous quarter

Overall: decreasing (-4.41%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 reveals significant fluctuations. Liabilities on revenue and current assets on revenue saw substantial increases (84.26% and 125.34%, respectively), showing high variation. The ratio of retained earnings to revenue also showed a significant increase (74.44%), again with high variation.  SG&A expenses decreased slightly (-10.73%), but retained earnings on assets decreased modestly (-4.41%), also exhibiting low variation.