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 46.72 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 31.82 (%).Trend:Decrease 31.89% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 84.62 (%).Trend:Increase 165.93% than previous quarter

Overall: increasing (81.12%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 282.74 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 179.2 (%).Trend:Decrease 36.62% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 492.64 (%).Trend:Increase 174.91% than previous quarter

Overall: increasing (74.24%). 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 -135.22 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -77.81 (%).Trend:Decrease 42.46% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -166.82 (%).Trend:Increase 114.39% than previous quarter

Overall: decreasing (23.37%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.55 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.17 (%).Trend:Decrease 10.29% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 36.98 (%).Trend:Decrease 3.12% than previous quarter

Overall: decreasing (-13.09%). 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 -40.38 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -36.07 (%).Trend:Decrease 10.67% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -27.61 (%).Trend:Decrease 23.45% than previous quarter

Overall: increasing (-31.62%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.41 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.09 (USD).Trend:Decrease 121.95% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.22 (USD).Trend:Increase 144.44% than previous quarter

Overall: increasing (-153.66%). Fluctuation: **Significant** (high variation).



Q2 2019 to Q1 2020 data indicates significant fluctuations in working capital efficiency. Liabilities on revenue and current assets on revenue both increased substantially, showing high variability. Cost efficiency was mixed. The ratio of retained earnings to revenue decreased significantly, while SG&A expenses consistently declined.  Investment efficiency metrics were also volatile; retained earnings on assets improved, but earnings per share demonstrated significant growth.