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 31.66 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 22.38 (%).Trend:Decrease 29.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 97.96 (%).Trend:Increase 337.71% than previous quarter

Overall: increasing (209.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 71.42 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 46.98 (%).Trend:Decrease 34.22% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 155.94 (%).Trend:Increase 231.93% than previous quarter

Overall: increasing (118.34%). 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 -49.95 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -34.14 (%).Trend:Decrease 31.65% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -100.81 (%).Trend:Increase 195.28% than previous quarter

Overall: decreasing (101.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 26.07 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.77 (%).Trend:Decrease 1.15% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 25.45 (%).Trend:Decrease 1.24% than previous quarter

Overall: decreasing (-2.38%). 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 -38.69 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -38.12 (%).Trend:Decrease 1.47% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -35.32 (%).Trend:Decrease 7.35% than previous quarter

Overall: increasing (-8.71%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 show substantial fluctuations. Liabilities on revenue increased substantially in Q1 2020, exhibiting a significant overall increase, although with large fluctuations in the interim.  Current assets on revenue demonstrate a similar trend of significant increase in Q1 2020,  after decreasing in the previous quarter. Cost efficiency, based on the ratio of retained earnings to revenue, exhibits a significant decrease despite significant quarter-to-quarter fluctuations. The selling, general, and administrative (SG&A) expense ratio displayed a slight, overall decrease. Investment efficiency, measured by retained earnings on assets, slightly increased, despite substantial fluctuations throughout the period.