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 46.73 (%).Trend:Increase 64.77% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 30.98 (%).Trend:Decrease 33.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 96.88 (%).Trend:Increase 212.72% than previous quarter

Overall: increasing (107.32%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 61.74 (%).Trend:Increase 58.31% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 40.69 (%).Trend:Decrease 34.09% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 142.25 (%).Trend:Increase 249.59% than previous quarter

Overall: increasing (130.4%). 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 49.28 (%).Trend:Increase 57.19% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 32.99 (%).Trend:Decrease 33.06% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 94.26 (%).Trend:Increase 185.72% than previous quarter

Overall: increasing (91.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22.67 (%).Trend:Increase 1.84% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21.7 (%).Trend:Decrease 4.28% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22.66 (%).Trend:Increase 4.42% than previous quarter

Overall: decreasing (-0.04%). 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 32.53 (%).Trend:Decrease 10.53% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 33.61 (%).Trend:Increase 3.32% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 29.67 (%).Trend:Decrease 11.72% than previous quarter

Overall: decreasing (-8.79%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.14 (USD).Trend:Decrease 36.36% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.33 (USD).Trend:Increase 135.71% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.23 (USD).Trend:Decrease 169.7% than previous quarter

Overall: decreasing (-264.29%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2019 to Q1 2020 reveals significant increases in Liabilities on Revenue (107.32%), Current assets on Revenue (130.4%), and Ratio of Retained Earnings to Revenue (91.27%), all characterized by substantial fluctuations.  The Selling, General & Administrative (SG&A) Expense Ratio decreased slightly (-0.04%) with low variation, while Retained Earning on Assets showed a slight decrease (-8.79%). Earnings Per Share fluctuated significantly.