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 25.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 18.93 (%).Trend:Decrease 24.79% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 63.93 (%).Trend:Increase 237.72% than previous quarter

Overall: increasing (153.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 60.16 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 39.17 (%).Trend:Decrease 34.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 136.8 (%).Trend:Increase 249.25% than previous quarter

Overall: increasing (127.39%). 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 10.74 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 6.38 (%).Trend:Decrease 40.6% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -64.22 (%).Trend:Decrease 1106.58% than previous quarter

Overall: decreasing (-697.95%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 27.99 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 28.38 (%).Trend:Increase 1.39% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 33.12 (%).Trend:Increase 16.7% than previous quarter

Overall: increasing (18.33%). 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 6.09 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 5.5 (%).Trend:Decrease 9.69% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -19.31 (%).Trend:Decrease 451.09% than previous quarter

Overall: decreasing (-417.08%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 shows substantial volatility. Liabilities on revenue and current assets on revenue increased, but with major quarter-to-quarter changes. The ratio of retained earnings to revenue decreased substantially. The SG&A expense ratio, however, increased moderately.  Investment efficiency (retained earnings on assets) also displays significant fluctuations.