Working Capital Efficiency
The data from Quater 2 in 2019 to Quater 1 in 2020 includes 3 quarters.

Liabilities on Revenue
Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 148.15 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 96.84 (%).Trend:Decrease 34.63% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 302.13 (%).Trend:Increase 211.99% than previous quarter

Overall: increasing (103.94%). 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 -206.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -134.3 (%).Trend:Decrease 34.81% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -421.67 (%).Trend:Increase 213.98% than previous quarter

Overall: decreasing (104.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18.72 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.35 (%).Trend:Decrease 1.98% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.66 (%).Trend:Increase 12.59% than previous quarter

Overall: increasing (10.36%). 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 -61.14 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -60.68 (%).Trend:Decrease 0.75% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -60.19 (%).Trend:Decrease 0.81% than previous quarter

Overall: increasing (-1.55%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q2 2019 to Q1 2020 shows considerable volatility.  Current assets on revenue increased overall, but with significant fluctuations.  The ratio of retained earnings to revenue is decreasing with substantial quarter-to-quarter variability, pointing to issues with cost efficiency.  The SG&A expense ratio shows a moderate increase, indicating some cost control efforts, which contrasts with the high fluctuation in other cost-related metrics.  Investment efficiency shows an overall increase in retained earnings on assets, but with significant quarter-to-quarter volatility.  No earnings per share data.