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 20.88 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 14.7 (%).Trend:Decrease 29.6% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 43.58 (%).Trend:Increase 196.46% than previous quarter

Overall: increasing (108.72%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 68.77 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 48.27 (%).Trend:Decrease 29.81% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 152.96 (%).Trend:Increase 216.88% than previous quarter

Overall: increasing (122.42%). 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 72.68 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 50.41 (%).Trend:Decrease 30.64% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 162.18 (%).Trend:Increase 221.72% than previous quarter

Overall: increasing (123.14%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8.12 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8.02 (%).Trend:Decrease 1.23% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8.54 (%).Trend:Increase 6.48% than previous quarter

Overall: increasing (5.17%). 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 35.89 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 36.76 (%).Trend:Increase 2.42% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 37.71 (%).Trend:Increase 2.58% than previous quarter

Overall: increasing (5.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 4.03 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 5.93 (USD).Trend:Increase 47.15% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.5 (USD).Trend:Decrease 74.7% than previous quarter

Overall: decreasing (-62.78%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2019 to Q1 2020 reveals substantial increases in liabilities and current assets relative to revenue, indicating significant fluctuations. The ratio of retained earnings to revenue also increased dramatically.  While retained earnings on assets showed slight growth and SG&A expenses increased modestly, earnings per share demonstrated a sharp decline, highlighting considerable volatility and requiring further investigation.