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 25.16 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 17.13 (%).Trend:Decrease 31.92% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 63.9 (%).Trend:Increase 273.03% than previous quarter

Overall: increasing (153.97%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 33.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 22.89 (%).Trend:Decrease 32.5% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 167.28 (%).Trend:Increase 630.8% than previous quarter

Overall: increasing (393.31%). 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 -31.78 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -22.5 (%).Trend:Decrease 29.2% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -98.86 (%).Trend:Increase 339.38% than previous quarter

Overall: decreasing (211.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23.19 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 23.29 (%).Trend:Increase 0.43% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.98 (%).Trend:Decrease 1.33% than previous quarter

Overall: decreasing (-0.91%). 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 -9.15 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -9.73 (%).Trend:Increase 6.34% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -10.77 (%).Trend:Increase 10.69% than previous quarter

Overall: decreasing (17.7%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 highlight significant variations in financial performance. Working capital efficiency shows substantial increases in both liabilities and current assets relative to revenue, with high volatility. Cost efficiency displays a notable decline in the ratio of retained earnings to revenue. The SG&A expense ratio shows a slight overall decrease with low fluctuation. Investment efficiency, measured by retained earnings on assets, also shows a significant decline.