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 407.79 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 108.12 (%).Trend:Decrease 73.49% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 197.61 (%).Trend:Increase 82.77% than previous quarter

Overall: decreasing (-51.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 1031.44 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 869.67 (%).Trend:Decrease 15.68% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 512.23 (%).Trend:Decrease 41.1% than previous quarter

Overall: decreasing (-50.34%). 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 36758.08 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 24509.21 (%).Trend:Decrease 33.32% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 67252.51 (%).Trend:Increase 174.4% than previous quarter

Overall: increasing (82.96%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 210.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 216.72 (%).Trend:Increase 3.03% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 205.12 (%).Trend:Decrease 5.35% than previous quarter

Overall: decreasing (-2.48%). 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 21.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 21.98 (%).Trend:Increase 0.5% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 22.58 (%).Trend:Increase 2.73% than previous quarter

Overall: increasing (3.25%). Fluctuation: **Little** (low variation).

Earning Per Share


Over Q2 2019 to Q1 2020, working capital efficiency metrics showed significant fluctuations. Liabilities on revenue and current assets on revenue both decreased significantly (-51.54% and -50.34% respectively).  Cost efficiency, however, presented a contrasting picture. The ratio of retained earnings to revenue showed a substantial increase (82.96%), while SG&A expense remained relatively stable (-2.48%). Investment efficiency, measured by retained earnings on assets, indicated a small increase (3.25%).