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 218.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 127.23 (%).Trend:Decrease 41.77% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 484.64 (%).Trend:Increase 280.92% than previous quarter

Overall: increasing (121.82%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 1442.25 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 611.9 (%).Trend:Decrease 57.57% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2402.68 (%).Trend:Increase 292.66% than previous quarter

Overall: increasing (66.59%). 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 -3354.95 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -1711.19 (%).Trend:Decrease 49.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -6468.93 (%).Trend:Increase 278.04% than previous quarter

Overall: decreasing (92.82%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 469.29 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 329.55 (%).Trend:Decrease 29.78% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 383.18 (%).Trend:Increase 16.27% than previous quarter

Overall: decreasing (-18.35%). Fluctuation: **Neutral** (moderate 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 -224.63 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -269.78 (%).Trend:Increase 20.1% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -262.29 (%).Trend:Decrease 2.78% than previous quarter

Overall: decreasing (16.77%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 shows significant fluctuations.  Working capital efficiency exhibits increases in both liabilities and current assets on revenue, although the increases are highly variable across quarters.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a consistent decline.  The selling, general, and administrative (SG&A) expense ratio also trends downward, with less variation.  Investment efficiency, as measured by retained earnings on assets, also demonstrates a decreasing trend with significant fluctuations.  Further analysis is needed to understand the drivers behind these changes and identify potential outliers.