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 41.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 25.65 (%).Trend:Decrease 38.74% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 110.45 (%).Trend:Increase 330.6% than previous quarter

Overall: increasing (163.79%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 39.61 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 23.85 (%).Trend:Decrease 39.79% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 108.1 (%).Trend:Increase 353.25% than previous quarter

Overall: increasing (172.91%). 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 45.28 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 30.01 (%).Trend:Decrease 33.72% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 107.64 (%).Trend:Increase 258.68% than previous quarter

Overall: increasing (137.72%). 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 12.83 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 13.01 (%).Trend:Increase 1.4% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 10.39 (%).Trend:Decrease 20.14% than previous quarter

Overall: decreasing (-19.02%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.14 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.41 (USD).Trend:Increase 23.68% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.51 (USD).Trend:Decrease 136.17% than previous quarter

Overall: decreasing (-144.74%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2019 to Q1 2020 shows high variability.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all increased significantly but with substantial quarterly fluctuations. Investment efficiency, measured by retained earnings on assets, exhibited a slight overall decline. Earnings per share also declined, reflecting substantial shifts in performance. The results point towards a period of financial instability and unpredictable performance.