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 33.14 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 22.92 (%).Trend:Decrease 30.84% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 66.88 (%).Trend:Increase 191.8% than previous quarter

Overall: increasing (101.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 49.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 35.94 (%).Trend:Decrease 28.02% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 104.55 (%).Trend:Increase 190.9% than previous quarter

Overall: increasing (109.39%). 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 -76.63 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -47.91 (%).Trend:Decrease 37.48% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -161.85 (%).Trend:Increase 237.82% than previous quarter

Overall: decreasing (111.21%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.54 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.59 (%).Trend:Increase 0.4% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11.77 (%).Trend:Decrease 6.51% than previous quarter

Overall: decreasing (-6.14%). 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 -24.85 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -22.3 (%).Trend:Decrease 10.26% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -23.3 (%).Trend:Increase 4.48% than previous quarter

Overall: increasing (-6.24%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.81 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 4.04 (USD).Trend:Increase 43.77% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.2 (USD).Trend:Decrease 70.3% than previous quarter

Overall: decreasing (-57.3%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, liabilities on revenue and current assets on revenue both increased significantly with high variation.  The ratio of retained earnings to revenue decreased significantly, while the SG&A expense ratio decreased slightly. Retained earnings on assets increased slightly with high variation, and earnings per share decreased significantly, also exhibiting substantial fluctuation.