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 76.83 (%).Trend:Decrease 51.12% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 47.97 (%).Trend:Decrease 37.56% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 162.19 (%).Trend:Increase 238.11% than previous quarter

Overall: increasing (111.1%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 102.88 (%).Trend:Decrease 51.57% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 65.75 (%).Trend:Decrease 36.09% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 234.67 (%).Trend:Increase 256.91% than previous quarter

Overall: increasing (128.1%). 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 73.2 (%).Trend:Decrease 52.16% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 48.27 (%).Trend:Decrease 34.06% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 192.56 (%).Trend:Increase 298.92% than previous quarter

Overall: increasing (163.06%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.45 (%).Trend:Decrease 3.58% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 16.34 (%).Trend:Decrease 0.67% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.79 (%).Trend:Increase 8.87% than previous quarter

Overall: increasing (8.15%). 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 47.85 (%).Trend:Decrease 1.12% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 49.41 (%).Trend:Increase 3.26% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 54.71 (%).Trend:Increase 10.73% than previous quarter

Overall: increasing (14.34%). Fluctuation: **Little** (low variation).

Earning Per Share


From Q2 2019 to Q1 2020, significant increases were observed in liabilities on revenue (111.1%), current assets on revenue (128.1%), and the ratio of retained earnings to revenue (163.06%), each showing high variation.  In contrast, the SG&A expense ratio increased moderately (8.15%) and retained earnings on assets increased slightly (14.34%), both exhibiting low variation.