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 379.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 247.71 (%).Trend:Decrease 34.79% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 2404.5 (%).Trend:Increase 870.69% than previous quarter

Overall: increasing (532.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 289.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 179.0 (%).Trend:Decrease 38.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1123.42 (%).Trend:Increase 527.61% than previous quarter

Overall: increasing (288.07%). 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 -1404.25 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -929.0 (%).Trend:Decrease 33.84% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -6947.75 (%).Trend:Increase 647.87% than previous quarter

Overall: decreasing (394.77%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 68.68 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65.29 (%).Trend:Decrease 4.94% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 157.66 (%).Trend:Increase 141.48% than previous quarter

Overall: increasing (129.56%). 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 -16.45 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -16.96 (%).Trend:Increase 3.1% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -19.97 (%).Trend:Increase 17.75% than previous quarter

Overall: decreasing (21.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.96 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.55 (USD).Trend:Increase 61.46% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.38 (USD).Trend:Decrease 75.48% than previous quarter

Overall: decreasing (-60.42%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 reveal significant fluctuations. Liabilities on revenue increased dramatically, followed by a considerable drop in Q3, and then a substantial increase in Q1 of 2020. Current assets on revenue also show a notable increase, then a decrease in Q3, followed by a huge increase in Q1 of 2020. Cost efficiency is characterized by significant variation, with the ratio of retained earnings to revenue declining dramatically, while the SG&A expense ratio also shows significant fluctuations, increasing dramatically.  Invest efficiency shows a significant decrease in retained earnings on assets. Earnings per share decreased significantly during the period, from $0.96 to $0.38.