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 81.77 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 66.34 (%).Trend:Decrease 18.87% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 234.38 (%).Trend:Increase 253.3% than previous quarter

Overall: increasing (186.63%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 108.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 75.38 (%).Trend:Decrease 30.8% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 270.76 (%).Trend:Increase 259.19% than previous quarter

Overall: increasing (148.56%). 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 29.88 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 22.14 (%).Trend:Decrease 25.9% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 64.89 (%).Trend:Increase 193.09% than previous quarter

Overall: increasing (117.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.22 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.78 (%).Trend:Decrease 2.29% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.6 (%).Trend:Increase 9.69% than previous quarter

Overall: increasing (7.18%). 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 10.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 11.76 (%).Trend:Increase 11.57% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 10.02 (%).Trend:Decrease 14.8% than previous quarter

Overall: decreasing (-4.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.18 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.78 (USD).Trend:Increase 73.39% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.15 (USD).Trend:Decrease 69.58% than previous quarter

Overall: decreasing (-47.25%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, liabilities on revenue increased significantly (186.63%),  and current assets on revenue also increased substantially (148.56%). The ratio of retained earnings to revenue increased by 117.17%, showing significant fluctuation.  The SG&A expense ratio showed a minor increase (7.18%) with little variation.  Retained earnings on assets decreased slightly (-4.93%), with little fluctuation. Earnings per share decreased significantly (-47.25%), displaying significant fluctuation.