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 30.46 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19.53 (%).Trend:Decrease 35.88% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 63.6 (%).Trend:Increase 225.65% than previous quarter

Overall: increasing (108.8%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 52.46 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 33.87 (%).Trend:Decrease 35.44% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 105.87 (%).Trend:Increase 212.58% than previous quarter

Overall: increasing (101.81%). 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 19.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 13.48 (%).Trend:Decrease 30.98% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -13.1 (%).Trend:Decrease 197.18% than previous quarter

Overall: decreasing (-167.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22.12 (%).Trend:Decrease 0.23% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 26.06 (%).Trend:Increase 17.81% than previous quarter

Overall: increasing (17.55%). 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 10.05 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 10.55 (%).Trend:Increase 4.98% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -3.58 (%).Trend:Decrease 133.93% than previous quarter

Overall: decreasing (-135.62%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 reveal significant volatility in working capital efficiency. Liabilities on revenue increased substantially, while current assets on revenue showed similar, though slightly less extreme, fluctuation.  Cost efficiency demonstrates a concerning downward trend in the retained earnings-to-revenue ratio, with substantial volatility. The SG&A expense ratio, however, shows a comparatively modest increase. Invest efficiency also shows a substantial, negative trend in retained earnings on assets.  The data highlights the need for further analysis to understand the underlying causes of these significant fluctuations.