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 97.73 (%).Trend:Decrease 42.6% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 46.18 (%).Trend:Decrease 52.75% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 196.84 (%).Trend:Increase 326.25% than previous quarter

Overall: increasing (101.41%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 128.41 (%).Trend:Decrease 49.08% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 65.28 (%).Trend:Decrease 49.16% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 263.18 (%).Trend:Increase 303.16% than previous quarter

Overall: increasing (104.95%). 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 321.29 (%).Trend:Decrease 49.6% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 217.01 (%).Trend:Decrease 32.46% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 886.73 (%).Trend:Increase 308.61% than previous quarter

Overall: increasing (175.99%). 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 80.9 (%).Trend:Increase 7.22% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 92.52 (%).Trend:Increase 14.36% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 111.21 (%).Trend:Increase 20.2% than previous quarter

Overall: increasing (37.47%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.05 (USD).Trend:Increase 81.03% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.43 (USD).Trend:Increase 36.19% than previous quarter
Year 2020 Quarter 1: Earning Per Share 4.53 (USD).Trend:Increase 216.78% than previous quarter

Overall: increasing (331.43%). Fluctuation: **Significant** (high variation).



The period from Q2 2019 to Q1 2020 shows significant increases in liabilities on revenue (101.41%), current assets on revenue (104.95%), and the ratio of retained earnings to revenue (175.99%), all with high fluctuation.  Retained earnings on assets increased moderately (37.47%) with moderate fluctuation, while earnings per share exhibited a dramatic increase (331.43%), also with significant variation.