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 41.5 (%).Trend:Decrease 44.47% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28.96 (%).Trend:Decrease 30.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 77.08 (%).Trend:Increase 166.16% than previous quarter

Overall: increasing (85.73%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 23.47 (%).Trend:Decrease 39.49% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 16.21 (%).Trend:Decrease 30.93% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 47.35 (%).Trend:Increase 192.1% than previous quarter

Overall: increasing (101.75%). 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 -75.34 (%).Trend:Decrease 48.48% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -51.07 (%).Trend:Decrease 32.21% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -116.71 (%).Trend:Increase 128.53% than previous quarter

Overall: decreasing (54.91%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.85 (%).Trend:Increase 14.94% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19.61 (%).Trend:Increase 4.03% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.74 (%).Trend:Increase 0.66% than previous quarter

Overall: increasing (4.72%). 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 -209.42 (%).Trend:Decrease 11.89% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -207.7 (%).Trend:Decrease 0.82% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -168.45 (%).Trend:Decrease 18.9% than previous quarter

Overall: increasing (-19.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q2 2019-Q1 2020 data reveals highly volatile financial performance.  Liabilities and current assets on revenue increased markedly.  The ratio of retained earnings to revenue decreased significantly, while SG&A expenses showed a small increase. Retained earnings on assets improved.