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 24.56 (%).Trend:Decrease 51.81% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 15.64 (%).Trend:Decrease 36.32% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 48.03 (%).Trend:Increase 207.1% than previous quarter

Overall: increasing (95.56%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 62.78 (%).Trend:Decrease 50.34% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 42.43 (%).Trend:Decrease 32.41% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 134.0 (%).Trend:Increase 215.81% than previous quarter

Overall: increasing (113.44%). 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 29.55 (%).Trend:Decrease 48.04% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 20.94 (%).Trend:Decrease 29.14% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 70.23 (%).Trend:Increase 235.39% than previous quarter

Overall: increasing (137.66%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21.49 (%).Trend:Decrease 3.59% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.56 (%).Trend:Increase 0.33% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 24.28 (%).Trend:Increase 12.62% than previous quarter

Overall: increasing (12.98%). 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 24.21 (%).Trend:Increase 6.04% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 25.71 (%).Trend:Increase 6.2% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 26.7 (%).Trend:Increase 3.85% than previous quarter

Overall: increasing (10.29%). Fluctuation: **Little** (low variation).

Earning Per Share


The financial data from Q2 2019 to Q1 2020 shows significant fluctuations in working capital efficiency. Liabilities and current assets on revenue exhibit increases, but with high variations between quarters.  Cost efficiency shows a substantial overall increase, but again with significant fluctuations in the retained earnings to revenue ratio.  SG&A expense ratios demonstrate a modest overall increase. Investment efficiency displays a modest overall increase in retained earnings on assets, with little fluctuation.