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 19.53 (%).Trend:Decrease 48.75% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 12.45 (%).Trend:Decrease 36.25% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 47.43 (%).Trend:Increase 280.96% than previous quarter

Overall: increasing (142.86%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 35.33 (%).Trend:Decrease 51.42% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 23.3 (%).Trend:Decrease 34.05% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 68.51 (%).Trend:Increase 194.03% than previous quarter

Overall: increasing (93.91%). 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 52.71 (%).Trend:Decrease 49.79% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 35.74 (%).Trend:Decrease 32.2% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 109.15 (%).Trend:Increase 205.4% than previous quarter

Overall: increasing (107.08%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 86.2 (%).Trend:Increase 2.83% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 88.77 (%).Trend:Increase 2.98% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 85.66 (%).Trend:Decrease 3.5% than previous quarter

Overall: decreasing (-0.63%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows significant fluctuations. Liabilities on revenue increased dramatically (142.86%) in Q1 2020, then decreased in subsequent quarters. Current assets on revenue also displayed a similar pattern, increasing significantly (93.91%) in Q1 2020 before fluctuating. Cost efficiency shows a significant increase (107.08%) in the ratio of retained earnings to revenue between Q2 2019 and Q1 2020. Investment efficiency shows a slight decrease (-0.63%) in retained earnings on assets.  Overall, the data reveals substantial quarter-to-quarter variability in working capital and cost efficiency metrics, while investment efficiency displays little fluctuation.