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 90.4 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 61.07 (%).Trend:Decrease 32.44% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 183.32 (%).Trend:Increase 200.18% than previous quarter

Overall: increasing (102.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 139.61 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 89.97 (%).Trend:Decrease 35.56% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 308.07 (%).Trend:Increase 242.41% than previous quarter

Overall: increasing (120.66%). 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 -198.41 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -137.08 (%).Trend:Decrease 30.91% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -429.89 (%).Trend:Increase 213.61% than previous quarter

Overall: decreasing (116.67%). 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 -77.18 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -83.21 (%).Trend:Increase 7.81% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -85.16 (%).Trend:Increase 2.34% than previous quarter

Overall: decreasing (10.34%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 show substantial fluctuations in working capital, cost, and investment efficiency. Liabilities on revenue and current assets on revenue both increased, but with significant volatility. The ratio of retained earnings to revenue decreased significantly, also exhibiting high volatility. Investment efficiency, measured by retained earnings on assets, decreased with considerable fluctuations.  Further analysis is required to understand the causes of these variations.