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 48.8 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 36.23 (%).Trend:Decrease 25.76% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 108.45 (%).Trend:Increase 199.34% than previous quarter

Overall: increasing (122.23%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 54.9 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 37.24 (%).Trend:Decrease 32.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 103.69 (%).Trend:Increase 178.44% than previous quarter

Overall: increasing (88.87%). 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 279.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 187.19 (%).Trend:Decrease 33.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 548.72 (%).Trend:Increase 193.14% than previous quarter

Overall: increasing (96.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35.28 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 35.65 (%).Trend:Increase 1.05% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 35.95 (%).Trend:Increase 0.84% than previous quarter

Overall: increasing (1.9%). 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 164.65 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 145.48 (%).Trend:Decrease 11.64% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 149.18 (%).Trend:Increase 2.54% than previous quarter

Overall: decreasing (-9.4%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.33 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 2.0 (USD).Trend:Increase 50.38% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.83 (USD).Trend:Decrease 58.5% than previous quarter

Overall: decreasing (-37.59%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows significant fluctuation, with liabilities and current assets on revenue increasing significantly.  Cost efficiency shows a modest increase in the SG&A expense ratio, with little fluctuation. Investment efficiency demonstrates a slight decrease in retained earnings on assets, with little fluctuation. Earnings per share displays substantial variation and a significant decrease overall. The analysis reveals substantial volatility in financial performance, particularly concerning working capital and earnings per share.