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 62.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 42.45 (%).Trend:Decrease 32.19% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 147.49 (%).Trend:Increase 247.44% than previous quarter

Overall: increasing (135.61%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 97.13 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 70.66 (%).Trend:Decrease 27.25% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 206.02 (%).Trend:Increase 191.57% than previous quarter

Overall: increasing (112.11%). 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 18.66 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 14.94 (%).Trend:Decrease 19.94% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 41.1 (%).Trend:Increase 175.1% than previous quarter

Overall: increasing (120.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 41.56 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 39.11 (%).Trend:Decrease 5.9% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 49.35 (%).Trend:Increase 26.18% than previous quarter

Overall: increasing (18.74%). Fluctuation: **Neutral** (moderate 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 5.08 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 6.02 (%).Trend:Increase 18.5% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 5.37 (%).Trend:Decrease 10.8% than previous quarter

Overall: increasing (5.71%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.73 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.24 (USD).Trend:Increase 69.86% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.15 (USD).Trend:Decrease 87.9% than previous quarter

Overall: decreasing (-79.45%). Fluctuation: **Significant** (high variation).



Financial data from 2019 Q2 to 2020 Q1 reveals significant fluctuations in various financial metrics. Working capital efficiency, as indicated by liabilities and current assets on revenue, shows considerable volatility. Cost efficiency, as measured by retained earnings to revenue, shows a notable overall increase.  Invest efficiency shows only minor changes. Earning per share had a sharp decline in the final quarter, after a period of sustained growth. SG&A expense ratio demonstrates a moderate trend of increase.