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 47.98 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 31.96 (%).Trend:Decrease 33.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 113.13 (%).Trend:Increase 253.97% than previous quarter

Overall: increasing (135.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 217.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 231.85 (%).Trend:Increase 6.68% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 546.59 (%).Trend:Increase 135.75% than previous quarter

Overall: increasing (151.49%). 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 -914.37 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -580.72 (%).Trend:Decrease 36.49% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -1568.21 (%).Trend:Increase 170.05% than previous quarter

Overall: decreasing (71.51%). 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 -233.35 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -173.51 (%).Trend:Decrease 25.64% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -186.04 (%).Trend:Increase 7.22% than previous quarter

Overall: increasing (-20.27%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 reveal significant volatility in financial performance. Working capital efficiency (liabilities and current assets on revenue) shows substantial increases, but with extreme variability. Cost efficiency, as measured by the ratio of retained earnings to revenue, presents a negative overall trend with large fluctuations. Investment efficiency (retained earnings on assets) also shows a positive overall trend but significant variance. The data indicates a period of high risk and instability.