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 34.03 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 23.94 (%).Trend:Decrease 29.65% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 76.43 (%).Trend:Increase 219.26% than previous quarter

Overall: increasing (124.6%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 67.96 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 51.43 (%).Trend:Decrease 24.32% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 144.39 (%).Trend:Increase 180.75% than previous quarter

Overall: increasing (112.46%). 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 42.38 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 30.11 (%).Trend:Decrease 28.95% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 97.18 (%).Trend:Increase 222.75% than previous quarter

Overall: increasing (129.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5.1 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5.51 (%).Trend:Increase 8.04% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4.94 (%).Trend:Decrease 10.34% than previous quarter

Overall: decreasing (-3.14%). 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 15.52 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 15.16 (%).Trend:Decrease 2.32% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 16.25 (%).Trend:Increase 7.19% than previous quarter

Overall: increasing (4.7%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -1.16 (USD).Trend:Increase 30.34% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.38 (USD).Trend:Decrease 67.24% than previous quarter

Overall: increasing (-57.3%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show significant fluctuations in key metrics. Working capital efficiency, with significant increases and decreases in both liabilities and current assets on revenue, suggests potential financial instability. The retained earnings-to-revenue ratio is increasing markedly, potentially signifying positive financial performance. SG&A expense ratio shows a slight overall decrease, while investment efficiency shows a slight overall increase in retained earnings on assets.  Earnings per share exhibit significant variability.