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 56.6 (%).Trend:Decrease 46.95% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 37.36 (%).Trend:Decrease 33.99% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 105.64 (%).Trend:Increase 182.76% than previous quarter

Overall: increasing (86.64%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 62.38 (%).Trend:Decrease 46.36% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 40.94 (%).Trend:Decrease 34.37% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 113.96 (%).Trend:Increase 178.36% than previous quarter

Overall: increasing (82.69%). 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 20.97 (%).Trend:Decrease 46.02% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 14.48 (%).Trend:Decrease 30.95% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 44.74 (%).Trend:Increase 208.98% than previous quarter

Overall: increasing (113.35%). 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 13.49 (%).Trend:Increase 3.61% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 14.04 (%).Trend:Increase 4.08% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 15.26 (%).Trend:Increase 8.69% than previous quarter

Overall: increasing (13.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 12.0 (USD).Trend:Increase 71.43% than previous quarter
Year 2019 Quarter 3: Earning Per Share 16.0 (USD).Trend:Increase 33.33% than previous quarter
Year 2020 Quarter 1: Earning Per Share 5.0 (USD).Trend:Decrease 68.75% than previous quarter

Overall: decreasing (-58.33%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2019-Q1 2020 data reveals significant increases in liabilities on revenue (86.64%), current assets on revenue (82.69%), and the ratio of retained earnings to revenue (113.35%), all exhibiting high fluctuation. Retained earnings on assets showed a small, steady increase (13.12%). Earnings per share decreased sharply (-58.33%) with high volatility.  SG&A expense ratio data is missing.