Working Capital Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue

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 119.38 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 76.6 (%).Trend:Decrease 35.84% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 102625.91 (%).Trend:Increase 133876.38% than previous quarter

Overall: increasing (85865.75%). 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 36.7 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 37.7 (%).Trend:Increase 2.72% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 38.1 (%).Trend:Increase 1.06% than previous quarter

Overall: increasing (3.81%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.19 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.63 (USD).Trend:Increase 231.58% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.24 (USD).Trend:Decrease 61.9% than previous quarter

Overall: increasing (26.32%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2019 to Q1 2020 indicates significant volatility, particularly in the ratio of retained earnings to revenue, which increased by 85865.75%.  This ratio saw a substantial drop in Q3 2019, before increasing drastically in Q1 2020. Earnings per share also fluctuated substantially, increasing by 26.32%, despite a decrease in Q1 2020.  Investment efficiency shows a relatively stable increase (3.81%).