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 46.18 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 30.0 (%).Trend:Decrease 35.04% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 107.32 (%).Trend:Increase 257.73% than previous quarter

Overall: increasing (132.39%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 75.41 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 49.34 (%).Trend:Decrease 34.57% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 171.7 (%).Trend:Increase 247.99% than previous quarter

Overall: increasing (127.69%). 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 10.2 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 8.32 (%).Trend:Decrease 18.43% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 33.44 (%).Trend:Increase 301.92% than previous quarter

Overall: increasing (227.84%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.18 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.09 (%).Trend:Decrease 1.46% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5.5 (%).Trend:Decrease 9.69% than previous quarter

Overall: decreasing (-11.0%). 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 6.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 7.63 (%).Trend:Increase 22.87% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 8.9 (%).Trend:Increase 16.64% than previous quarter

Overall: increasing (43.32%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 reveals significant fluctuations in various key metrics. Working capital efficiency (liabilities and current assets on revenue) saw substantial increases, though with large swings.  Cost efficiency (retained earnings to revenue) also displayed significant increases, while the SG&A expense ratio decreased moderately.  Investment efficiency (retained earnings on assets) showed a consistent increase with moderate fluctuation.