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 100.02 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 155.93 (%).Trend:Increase 55.9% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 257.5 (%).Trend:Increase 65.14% than previous quarter

Overall: increasing (157.45%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 299.95 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 133.39 (%).Trend:Decrease 55.53% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 271.15 (%).Trend:Increase 103.28% than previous quarter

Overall: decreasing (-9.6%). 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 110.31 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 64.91 (%).Trend:Decrease 41.16% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 128.4 (%).Trend:Increase 97.81% than previous quarter

Overall: increasing (16.4%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16.26 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.53 (%).Trend:Increase 26.26% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 28.62 (%).Trend:Increase 39.41% than previous quarter

Overall: increasing (76.01%). 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 14.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 5.42 (%).Trend:Decrease 61.29% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 4.79 (%).Trend:Decrease 11.62% than previous quarter

Overall: decreasing (-65.79%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.93 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.18 (USD).Trend:Increase 26.88% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.02 (USD).Trend:Decrease 98.31% than previous quarter

Overall: decreasing (-97.85%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show significant fluctuations in various key metrics. Liabilities on revenue increased substantially (157.45%) with significant swings. Current assets on revenue declined slightly but with significant volatility.  Cost efficiency, measured by retained earnings to revenue, increased by 16.4%, again fluctuating substantially. SG&A expense ratio increased significantly (76.01%), while investment efficiency (retained earnings on assets) decreased by 65.79% with considerable volatility. Earning per share fell dramatically (97.85%), indicating a significant drop in profitability.