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 99.57 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 83.68 (%).Trend:Decrease 15.96% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 235.87 (%).Trend:Increase 181.87% than previous quarter

Overall: increasing (136.89%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 190.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 129.75 (%).Trend:Decrease 31.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 331.0 (%).Trend:Increase 155.11% than previous quarter

Overall: increasing (73.76%). 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 -1588.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -1046.78 (%).Trend:Decrease 34.1% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -3698.77 (%).Trend:Increase 253.35% than previous quarter

Overall: decreasing (132.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 52.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 76.3 (%).Trend:Increase 46.73% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 131.6 (%).Trend:Increase 72.48% than previous quarter

Overall: increasing (153.08%). Fluctuation: **Significant** (high 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 -732.81 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -723.74 (%).Trend:Decrease 1.24% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -971.35 (%).Trend:Increase 34.21% than previous quarter

Overall: decreasing (32.55%). Fluctuation: **Significant** (high variation).

Earning Per Share


The analysis of Q2 2019 to Q1 2020 shows considerable variance in key financial indicators.  Liabilities on revenue increased by 136.89%, and current assets on revenue also increased by 73.76%, demonstrating significant growth.  However, the ratio of retained earnings to revenue saw a significant decrease of 132.85%, and retained earnings on assets decreased by 32.55%, suggesting potential concerns regarding profitability and asset management.  The SG&A expense ratio increased substantially (153.08%), which may need further investigation.