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 25.81 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 14.68 (%).Trend:Decrease 43.12% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 225.72 (%).Trend:Increase 1437.6% than previous quarter

Overall: increasing (774.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 46.52 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 32.63 (%).Trend:Decrease 29.86% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 64.09 (%).Trend:Increase 96.41% than previous quarter

Overall: increasing (37.77%). 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
Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4.78 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.11 (%).Trend:Increase 6.9% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.26 (%).Trend:Increase 2.94% than previous quarter

Overall: increasing (10.04%). 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
Earning Per Share


Financial analysis of Q2 2019 to Q1 2020 shows a volatile picture, marked by significant fluctuations in liabilities on revenue and current assets on revenue.  However, cost efficiency, as indicated by the SG&A expense ratio, demonstrates a stable upward trend.