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 107.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 84.07 (%).Trend:Decrease 21.43% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 242.04 (%).Trend:Increase 187.9% than previous quarter

Overall: increasing (126.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 182.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 112.64 (%).Trend:Decrease 38.24% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 385.13 (%).Trend:Increase 241.91% than previous quarter

Overall: increasing (111.16%). 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 -371.82 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -263.55 (%).Trend:Decrease 29.12% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -966.12 (%).Trend:Increase 266.58% than previous quarter

Overall: decreasing (159.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40.56 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.38 (%).Trend:Decrease 2.91% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 42.93 (%).Trend:Increase 9.01% than previous quarter

Overall: increasing (5.84%). 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 -78.32 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -87.97 (%).Trend:Increase 12.32% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -108.52 (%).Trend:Increase 23.36% than previous quarter

Overall: decreasing (38.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Significant fluctuations characterize working capital efficiency, with Liabilities on Revenue and Current Assets on Revenue increasing substantially overall (126.21% and 111.16% respectively). Cost efficiency shows a significant decrease in the Ratio of Retained Earnings to Revenue (-159.84%), while the SG&A Expense Ratio increased only slightly.  Investment efficiency reveals a decreasing Retained Earning on Assets (-38.56%).