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 38.79 (%).Trend:Decrease 39.46% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 26.37 (%).Trend:Decrease 32.02% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 80.67 (%).Trend:Increase 205.92% than previous quarter

Overall: increasing (107.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 86.75 (%).Trend:Decrease 52.2% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 76.92 (%).Trend:Decrease 11.33% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 240.72 (%).Trend:Increase 212.95% than previous quarter

Overall: increasing (177.49%). 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 178.05 (%).Trend:Decrease 50.17% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 118.56 (%).Trend:Decrease 33.41% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 368.74 (%).Trend:Increase 211.02% than previous quarter

Overall: increasing (107.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1.66 (%).Trend:Increase 1.84% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1.68 (%).Trend:Increase 1.2% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1.69 (%).Trend:Increase 0.6% than previous quarter

Overall: increasing (1.81%). 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 41.44 (%).Trend:Increase 2.8% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 39.04 (%).Trend:Decrease 5.79% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 39.11 (%).Trend:Increase 0.18% than previous quarter

Overall: decreasing (-5.62%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 show significant increases in working capital (liabilities and current assets on revenue) and cost efficiency (ratio of retained earnings to revenue), though with substantial variation.  Selling, general, and administrative (SG&A) expenses display a slight overall upward trend (1.81%) with low variation. Investment efficiency, indicated by retained earnings on assets, shows a modest downward trend (-5.62%).  The overall picture suggests fluctuating performance across key areas, with significant volatility in some aspects of efficiency.