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 83.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 58.68 (%).Trend:Decrease 29.71% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 183.13 (%).Trend:Increase 212.08% than previous quarter

Overall: increasing (119.37%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 169.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 110.16 (%).Trend:Decrease 34.95% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 297.5 (%).Trend:Increase 170.06% than previous quarter

Overall: increasing (75.68%). 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 18.27 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 12.22 (%).Trend:Decrease 33.11% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 26.49 (%).Trend:Increase 116.78% than previous quarter

Overall: increasing (44.99%). 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 8.63 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 8.9 (%).Trend:Increase 3.13% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 7.07 (%).Trend:Decrease 20.56% than previous quarter

Overall: decreasing (-18.08%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -6.4 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -6.01 (USD).Trend:Decrease 6.09% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.35 (USD).Trend:Decrease 105.82% than previous quarter

Overall: increasing (-105.47%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 illustrate significant fluctuations in several key areas. Working capital efficiency, particularly liabilities and current assets on revenue, showed a trend of increasing then decreasing, with high volatility.  Cost efficiency, measured by the ratio of retained earnings to revenue, also fluctuated significantly, showing an overall increase. Investment efficiency, as represented by retained earnings on assets, decreased.  Earnings per share exhibited a considerable increase, but with significant volatility throughout the period.