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 17.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 13.4 (%).Trend:Decrease 24.55% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 31.98 (%).Trend:Increase 138.66% than previous quarter

Overall: increasing (80.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 24.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 18.73 (%).Trend:Decrease 23.21% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 61.89 (%).Trend:Increase 230.43% than previous quarter

Overall: increasing (153.75%). 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 5.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 4.34 (%).Trend:Decrease 24.65% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 12.35 (%).Trend:Increase 184.56% than previous quarter

Overall: increasing (114.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14.98 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14.93 (%).Trend:Decrease 0.33% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18.8 (%).Trend:Increase 25.92% than previous quarter

Overall: increasing (25.5%). Fluctuation: **Neutral** (moderate 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 7.69 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 7.15 (%).Trend:Decrease 7.02% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 6.53 (%).Trend:Decrease 8.67% than previous quarter

Overall: decreasing (-15.08%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.86 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.34 (USD).Trend:Increase 55.81% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.6 (USD).Trend:Decrease 144.78% than previous quarter

Overall: decreasing (-169.77%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2019 to Q1 2020 indicates significant volatility in various financial metrics. Working capital efficiency (liabilities and current assets on revenue) is increasing, but with high variation. Cost efficiency, as measured by the ratio of retained earnings to revenue, is also increasing, but with considerable fluctuations. The selling, general, and administrative (SG&A) expense ratio is increasing, demonstrating a neutral trend. Investment efficiency (retained earnings on assets) is decreasing, with low variation. Earnings per share are decreasing significantly and exhibit high volatility.