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 29.73 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 17.64 (%).Trend:Decrease 40.67% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 73.01 (%).Trend:Increase 313.89% than previous quarter

Overall: increasing (145.58%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 50.04 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 30.65 (%).Trend:Decrease 38.75% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 118.71 (%).Trend:Increase 287.31% than previous quarter

Overall: increasing (137.23%). 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 3.56 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 2.41 (%).Trend:Decrease 32.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 5.95 (%).Trend:Increase 146.89% than previous quarter

Overall: increasing (67.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13.84 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 13.85 (%).Trend:Increase 0.07% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.97 (%).Trend:Decrease 13.57% than previous quarter

Overall: decreasing (-13.51%). 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 4.51 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 4.8 (%).Trend:Increase 6.43% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 3.4 (%).Trend:Decrease 29.17% than previous quarter

Overall: decreasing (-24.61%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


From Q2 2019 to Q1 2020, Liabilities on Revenue and Current Assets on Revenue significantly increased (146% and 137% respectively), exhibiting high fluctuation.  The Ratio of Retained Earnings to Revenue also increased significantly (67%), while the SG&A Expense Ratio decreased (-13.51%) with low variation. Retained Earnings on Assets decreased (-25%) with moderate fluctuation.