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 3736.16 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 2770.2 (%).Trend:Decrease 25.85% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 7209.77 (%).Trend:Increase 160.26% than previous quarter

Overall: increasing (92.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 11954.75 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 6626.45 (%).Trend:Decrease 44.57% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 15188.04 (%).Trend:Increase 129.2% than previous quarter

Overall: increasing (27.05%). 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 -202787.09 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -135925.4 (%).Trend:Decrease 32.97% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -314593.68 (%).Trend:Increase 131.45% than previous quarter

Overall: decreasing (55.13%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3037.26 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2818.47 (%).Trend:Decrease 7.2% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2194.88 (%).Trend:Decrease 22.13% than previous quarter

Overall: decreasing (-27.73%). 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 -1445.79 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -1716.5 (%).Trend:Increase 18.72% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -1802.67 (%).Trend:Increase 5.02% than previous quarter

Overall: decreasing (24.68%). Fluctuation: **Significant** (high variation).

Earning Per Share


The data from Q2 2019 to Q1 2020 reveals a substantial increase in Liabilities on Revenue (92.97%) and Current assets on Revenue (27.05%), both with significant fluctuations. Conversely, the Ratio of Retained Earnings to Revenue decreased sharply (55.13%), showing considerable variation. The SG&A Expense Ratio decreased (-27.73%) with moderate fluctuation. Retained Earning on Assets decreased (24.68%) with significant fluctuation. The analysis covers three quarters.