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 62.96 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 41.3 (%).Trend:Decrease 34.4% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 58.18 (%).Trend:Increase 40.87% than previous quarter

Overall: decreasing (-7.59%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 290.65 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 169.94 (%).Trend:Decrease 41.53% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 518.19 (%).Trend:Increase 204.93% than previous quarter

Overall: increasing (78.29%). 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 426.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 287.65 (%).Trend:Decrease 32.56% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 971.68 (%).Trend:Increase 237.8% than previous quarter

Overall: increasing (127.81%). 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 80.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 81.82 (%).Trend:Increase 1.59% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 86.0 (%).Trend:Increase 5.11% than previous quarter

Overall: increasing (6.78%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -6.61 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -3.59 (USD).Trend:Decrease 45.69% than previous quarter
Year 2020 Quarter 1: Earning Per Share 3.14 (USD).Trend:Decrease 187.47% than previous quarter

Overall: increasing (-147.5%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 reveal a complex financial picture. Liabilities on revenue display a decreasing trend, though with significant fluctuations. Current assets on revenue show a significant increase, again with substantial quarter-to-quarter variations. Cost efficiency, as measured by retained earnings to revenue, shows a substantial increase with significant fluctuation. Investment efficiency demonstrates a consistent upward trend in retained earnings on assets, with little variation. Earnings per share show an overall increase despite significant fluctuations, ranging from losses to gains.