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 40.66 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 26.66 (%).Trend:Decrease 34.43% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 80.3 (%).Trend:Increase 201.2% than previous quarter

Overall: increasing (97.49%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 63.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 41.93 (%).Trend:Decrease 34.41% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 131.98 (%).Trend:Increase 214.76% than previous quarter

Overall: increasing (106.44%). 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 21.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 14.37 (%).Trend:Decrease 33.29% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 51.79 (%).Trend:Increase 260.4% than previous quarter

Overall: increasing (140.44%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9.07 (%).Trend:Decrease 4.43% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.68 (%).Trend:Increase 6.73% than previous quarter

Overall: increasing (2.0%). 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 20.96 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 21.6 (%).Trend:Increase 3.05% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 23.25 (%).Trend:Increase 7.64% than previous quarter

Overall: increasing (10.93%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 3.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 6.35 (USD).Trend:Increase 111.67% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.38 (USD).Trend:Decrease 62.52% than previous quarter

Overall: decreasing (-20.67%). Fluctuation: **Significant** (high variation).



Q2 2019 to Q1 2020 financial statements show a substantial increase in liabilities on revenue (97.49%) and current assets on revenue (106.44%) with significant fluctuation. The ratio of retained earnings to revenue is increasing significantly (140.44%). SG&A expense ratio displays a modest increase (2.0%) and little fluctuation. Investment efficiency is increasing (10.93%) with minimal variation.  Earnings per share show a fluctuating decrease (-20.67%).