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 31.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19.03 (%).Trend:Decrease 39.28% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 54.51 (%).Trend:Increase 186.44% than previous quarter

Overall: increasing (73.93%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 66.74 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 40.73 (%).Trend:Decrease 38.97% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 135.23 (%).Trend:Increase 232.02% than previous quarter

Overall: increasing (102.62%). 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 61.68 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 43.95 (%).Trend:Decrease 28.75% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 147.99 (%).Trend:Increase 236.72% than previous quarter

Overall: increasing (139.93%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26.49 (%).Trend:Increase 2.24% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.68 (%).Trend:Decrease 3.06% than previous quarter

Overall: decreasing (-0.89%). 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 26.31 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 28.31 (%).Trend:Increase 7.6% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 31.47 (%).Trend:Increase 11.16% than previous quarter

Overall: increasing (19.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.01 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.44 (USD).Trend:Increase 42.57% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.53 (USD).Trend:Decrease 63.19% than previous quarter

Overall: decreasing (-47.52%). Fluctuation: **Significant** (high variation).



Financial review from Q2 2019 to Q1 2020 indicates substantial fluctuations in financial performance. Liabilities and current assets on revenue showed substantial increases, suggesting potential working capital challenges. The ratio of retained earnings to revenue also increased significantly, suggesting potentially strong profitability growth.  Selling, General, and Administrative (SG&A) expenses showed a minor decrease, while retained earnings on assets demonstrated a steady upward trend. Earnings per share (EPS) decreased significantly but with high variation.