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 25.28 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 24.32 (%).Trend:Decrease 3.8% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 46.58 (%).Trend:Increase 91.53% than previous quarter

Overall: increasing (84.26%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 76.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 84.29 (%).Trend:Increase 10.6% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 171.73 (%).Trend:Increase 103.74% than previous quarter

Overall: increasing (125.34%). 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 107.36 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 72.64 (%).Trend:Decrease 32.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 187.28 (%).Trend:Increase 157.82% than previous quarter

Overall: increasing (74.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.97 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.77 (%).Trend:Decrease 2.01% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.9 (%).Trend:Decrease 8.9% than previous quarter

Overall: decreasing (-10.73%). 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 26.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.2 (%).Trend:Decrease 8.78% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 25.36 (%).Trend:Increase 4.79% than previous quarter

Overall: decreasing (-4.41%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 displays notable fluctuations.  Liabilities on revenue and current assets on revenue showed substantial increases, with significant variation.  The retained earnings ratio to revenue also increased markedly with significant variation.  Selling, general, and administrative expenses decreased slightly, with low variation. Investment efficiency, as measured by retained earnings on assets, saw a slight decrease with low variation.