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 38.19 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 29.64 (%).Trend:Decrease 22.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 111.91 (%).Trend:Increase 277.56% than previous quarter

Overall: increasing (193.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 147.71 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 83.96 (%).Trend:Decrease 43.16% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 218.4 (%).Trend:Increase 160.12% than previous quarter

Overall: increasing (47.86%). 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 -252.77 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -198.91 (%).Trend:Decrease 21.31% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -735.8 (%).Trend:Increase 269.92% than previous quarter

Overall: decreasing (191.09%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 65.07 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65.87 (%).Trend:Increase 1.23% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 71.22 (%).Trend:Increase 8.12% than previous quarter

Overall: increasing (9.45%). 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 -100.11 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -140.22 (%).Trend:Increase 40.07% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -185.42 (%).Trend:Increase 32.24% than previous quarter

Overall: decreasing (85.22%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 present significant fluctuations in various metrics. Liabilities on revenue rose dramatically, with substantial quarter-to-quarter variations. Current assets on revenue also displayed a large increase, though with significant variability. Cost efficiency, in terms of the ratio of retained earnings to revenue, decreased significantly, with significant changes from one period to the next. SG&A expense ratio increased slightly with a low degree of fluctuation.  Investment efficiency, as indicated by retained earnings on assets, decreased overall, but with considerable volatility.