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 71.81 (%).Trend:Decrease 61.23% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 40.55 (%).Trend:Decrease 43.53% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 203.43 (%).Trend:Increase 401.68% than previous quarter

Overall: increasing (183.29%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 46.56 (%).Trend:Decrease 51.05% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 31.97 (%).Trend:Decrease 31.34% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 124.29 (%).Trend:Increase 288.77% than previous quarter

Overall: increasing (166.95%). 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 296.87 (%).Trend:Decrease 50.75% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 179.21 (%).Trend:Decrease 39.63% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 586.35 (%).Trend:Increase 227.19% than previous quarter

Overall: increasing (97.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 26.68 (%).Trend:Decrease 0.22% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 27.77 (%).Trend:Increase 4.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 23.77 (%).Trend:Decrease 14.4% than previous quarter

Overall: decreasing (-10.91%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.74 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.99 (USD).Trend:Increase 168.92% than previous quarter
Year 2020 Quarter 1: Earning Per Share -2.46 (USD).Trend:Decrease 223.62% than previous quarter

Overall: decreasing (-432.43%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2019 to Q1 2020 is analyzed.  Working capital metrics (liabilities and current assets on revenue) displayed significant increases, fluctuating wildly.  Cost efficiency (ratio of retained earnings to revenue) similarly increased substantially but with high variability.  Investment efficiency (retained earnings on assets) decreased slightly, while earnings per share plummeted significantly from a positive to a negative value in Q1 2020.  The data suggests substantial volatility in most financial metrics between Q2 2019 and Q1 2020, with notably poor earnings per share performance in the final quarter.