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 show considerable volatility. Liabilities and current assets on revenue saw increases, but with significant fluctuations. Cost efficiency, measured by the ratio of retained earnings to revenue, decreased substantially (-145.19%), and investment efficiency declined by a significant -124.03%, both showing high variation. The selling, general, and administrative (SG&A) expense ratio, however, experienced a more controlled decrease (-12.42%), and with low fluctuation.