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 43.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 29.61 (%).Trend:Decrease 31.68% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 101.41 (%).Trend:Increase 242.49% than previous quarter

Overall: increasing (133.99%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 140.66 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 91.51 (%).Trend:Decrease 34.94% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 381.24 (%).Trend:Increase 316.61% than previous quarter

Overall: increasing (171.04%). 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 8.13 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -64.87 (%).Trend:Decrease 897.91% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -296.72 (%).Trend:Increase 357.41% than previous quarter

Overall: decreasing (-3749.69%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25.81 (%).Trend:Increase 1.3% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 32.94 (%).Trend:Increase 27.62% than previous quarter

Overall: increasing (29.28%). 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 2.31 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -40.94 (%).Trend:Decrease 1872.29% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -47.31 (%).Trend:Increase 15.56% than previous quarter

Overall: decreasing (-2148.05%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.2 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -5.04 (USD).Trend:Increase 2420.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.33 (USD).Trend:Decrease 93.45% than previous quarter

Overall: decreasing (65.0%). Fluctuation: **Significant** (high variation).



Financial statements reveal highly variable trends across various metrics from Q2 2019 to Q1 2020. Working capital efficiency shows large increases and decreases in liabilities and current assets on revenue, pointing to instability.  Cost efficiency is troubled by a substantial drop in the retained earnings to revenue ratio, signaling potential issues with profitability.  While SG&A expenses increased steadily, the other cost metrics are deeply concerning, showcasing a significant downward trend in investment efficiency and earnings per share.  This suggests considerable risk and instability within the company's financial operations.