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 63.29 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 25.18 (%).Trend:Decrease 60.21% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 77.98 (%).Trend:Increase 209.69% than previous quarter

Overall: increasing (23.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 79.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 37.99 (%).Trend:Decrease 52.27% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 124.5 (%).Trend:Increase 227.72% than previous quarter

Overall: increasing (56.41%). 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 -14.65 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -7.44 (%).Trend:Decrease 49.22% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -13.44 (%).Trend:Increase 80.65% than previous quarter

Overall: increasing (-8.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.82 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.63 (%).Trend:Increase 2.14% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 43.49 (%).Trend:Increase 12.58% than previous quarter

Overall: increasing (14.99%). 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 -11.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -10.69 (%).Trend:Decrease 6.88% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -6.25 (%).Trend:Decrease 41.53% than previous quarter

Overall: increasing (-45.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 show significant fluctuations in financial metrics. Liabilities and current assets on revenue display a pattern of increases and decreases, indicating substantial variation. The ratio of retained earnings to revenue experiences substantial fluctuations. SG&A expense ratio shows a steady increase overall with little variation. Investment efficiency, measured by retained earnings on assets, experiences a significant fluctuation throughout the period.