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 38.05 (%).Trend:Decrease 50.01% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 34.54 (%).Trend:Decrease 9.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 73.09 (%).Trend:Increase 111.61% than previous quarter

Overall: increasing (92.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 128.65 (%).Trend:Decrease 49.73% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 94.88 (%).Trend:Decrease 26.25% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 265.16 (%).Trend:Increase 179.47% than previous quarter

Overall: increasing (106.11%). 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 -100.34 (%).Trend:Decrease 52.3% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -63.99 (%).Trend:Decrease 36.23% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -142.05 (%).Trend:Increase 121.99% than previous quarter

Overall: decreasing (41.57%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.05 (%).Trend:Increase 0.0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18.83 (%).Trend:Decrease 1.15% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17.23 (%).Trend:Decrease 8.5% than previous quarter

Overall: decreasing (-9.55%). 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 -35.79 (%).Trend:Decrease 2.64% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -33.12 (%).Trend:Decrease 7.46% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -26.88 (%).Trend:Decrease 18.84% than previous quarter

Overall: increasing (-24.9%). Fluctuation: **Significant** (high variation).

Earning Per Share


This analysis, covering Q2 2019 to Q1 2020, reveals dynamic financial performance. Liabilities on Revenue increased 92.09% with significant fluctuation, alongside a 106.11% increase in Current Assets on Revenue, also with significant fluctuation. Cost efficiency shows a decreasing Ratio of Retained Earnings to Revenue (-41.57%) with significant fluctuation, while SG&A Expense Ratio decreased (-9.55%) with little fluctuation. Invest Efficiency shows Retained Earning on Assets increasing (-24.9%) with significant variation. Overall, the company experienced growth in revenue-related assets, alongside volatile retained earnings and stable expense management.