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 32.37 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 22.98 (%).Trend:Decrease 29.01% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 61.2 (%).Trend:Increase 166.32% than previous quarter

Overall: increasing (89.06%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 30.41 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 21.07 (%).Trend:Decrease 30.71% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 93.94 (%).Trend:Increase 345.85% than previous quarter

Overall: increasing (208.91%). 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 11.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 7.8 (%).Trend:Decrease 31.88% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 24.77 (%).Trend:Increase 217.56% than previous quarter

Overall: increasing (116.33%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 42.23 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 42.83 (%).Trend:Increase 1.42% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41.25 (%).Trend:Decrease 3.69% than previous quarter

Overall: decreasing (-2.32%). 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 4.92 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 4.97 (%).Trend:Increase 1.02% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 5.24 (%).Trend:Increase 5.43% than previous quarter

Overall: increasing (6.5%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.35 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.37 (USD).Trend:Increase 5.71% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.12 (USD).Trend:Decrease 67.57% than previous quarter

Overall: decreasing (-65.71%). Fluctuation: **Significant** (high variation).



Financial data for Q2 2019 to Q1 2020 presents a mixed picture.  Working capital efficiency saw increases in both liabilities and current assets on revenue, but with substantial volatility.  Cost efficiency, as reflected by the ratio of retained earnings to revenue, also significantly increased.  The SG&A expense ratio displayed a minimal decrease, indicating relatively stable administrative costs.  Investment efficiency maintained a steady upward trend in retained earnings on assets, while earnings per share decreased noticeably from Q3 2019 to Q1 2020.