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 101.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 56.53 (%).Trend:Decrease 44.3% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 198.29 (%).Trend:Increase 250.77% than previous quarter

Overall: increasing (95.38%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 85.49 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 49.05 (%).Trend:Decrease 42.62% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 188.72 (%).Trend:Increase 284.75% than previous quarter

Overall: increasing (120.75%). 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 74.2 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 50.93 (%).Trend:Decrease 31.36% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 183.75 (%).Trend:Increase 260.79% than previous quarter

Overall: increasing (147.64%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10.95 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 10.51 (%).Trend:Decrease 4.02% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9.71 (%).Trend:Decrease 7.61% than previous quarter

Overall: decreasing (-11.32%). 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 37.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 41.61 (%).Trend:Increase 11.95% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 40.97 (%).Trend:Decrease 1.54% than previous quarter

Overall: increasing (10.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 8.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 75.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.0 (USD).Trend:Decrease 85.71% than previous quarter

Overall: decreasing (-75.0%). Fluctuation: **Significant** (high variation).



Significant fluctuations characterize several key metrics from Q2 2019 to Q1 2020.  Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all show substantial increases overall, but with large quarter-to-quarter variations. Conversely, the selling, general, and administrative (SG&A) expense ratio decreased slightly and consistently.  Retained earnings on assets showed a small overall increase with minimal fluctuation. Earnings per share, however, experienced a significant overall decrease.