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 25.77 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 16.94 (%).Trend:Decrease 34.26% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 55.94 (%).Trend:Increase 230.22% than previous quarter

Overall: increasing (117.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 75.4 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 49.94 (%).Trend:Decrease 33.77% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 166.41 (%).Trend:Increase 233.22% than previous quarter

Overall: increasing (120.7%). 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 69.86 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 49.22 (%).Trend:Decrease 29.54% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 145.79 (%).Trend:Increase 196.2% than previous quarter

Overall: increasing (108.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6.64 (%).Trend:Increase 1.68% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6.38 (%).Trend:Decrease 3.92% than previous quarter

Overall: decreasing (-2.3%). 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 43.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 46.02 (%).Trend:Increase 5.82% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 42.18 (%).Trend:Decrease 8.34% than previous quarter

Overall: decreasing (-3.01%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 show significant fluctuations in working capital and cost efficiency.  Liabilities on revenue increased substantially in Q1 2020 after slight changes in prior quarters, resulting in an overall increase of 117.07%. Current assets on revenue also experienced a similar pattern of fluctuation, rising overall by 120.7%. Cost efficiency, as reflected in the ratio of retained earnings to revenue, demonstrated considerable increases across all quarters (108.69%). The selling, general, and administrative (SG&A) expense ratio decreased slightly overall (-2.3%). Investment efficiency showed a small decrease (-3.01%) in retained earnings on assets with low variation.