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 26.24 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 15.4 (%).Trend:Decrease 41.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 44.16 (%).Trend:Increase 186.75% than previous quarter

Overall: increasing (68.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 48.18 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 26.66 (%).Trend:Decrease 44.67% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 118.13 (%).Trend:Increase 343.1% than previous quarter

Overall: increasing (145.18%). 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 17.46 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -1.95 (%).Trend:Decrease 111.17% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -7.89 (%).Trend:Increase 304.62% than previous quarter

Overall: decreasing (-145.19%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.83 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 4.4 (%).Trend:Decrease 8.9% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.23 (%).Trend:Decrease 3.86% than previous quarter

Overall: decreasing (-12.42%). 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 6.7 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -1.33 (%).Trend:Decrease 119.85% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -1.61 (%).Trend:Increase 21.05% than previous quarter

Overall: decreasing (-124.03%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 indicate significant volatility. Liabilities on revenue increased by 68.29%, with high fluctuation. Current assets on revenue also increased by 145.18%, also with high fluctuation. Cost efficiency, reflected by the ratio of retained earnings to revenue, showed a substantial decrease (-145.19%), and high variation. Investment efficiency declined by -124.03%, with high variation. The selling, general, and administrative (SG&A) expense ratio exhibited a relatively stable decrease (-12.42%) with low variation.