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 66.31 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 42.41 (%).Trend:Decrease 36.04% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 79.77 (%).Trend:Increase 88.09% than previous quarter

Overall: increasing (20.3%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 69.35 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 48.86 (%).Trend:Decrease 29.55% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 128.0 (%).Trend:Increase 161.97% than previous quarter

Overall: increasing (84.57%). 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 -835.51 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -515.58 (%).Trend:Decrease 38.29% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -1701.04 (%).Trend:Increase 229.93% than previous quarter

Overall: decreasing (103.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -157.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -157.6 (%).Trend:Decrease 0.2% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -218.34 (%).Trend:Increase 38.54% than previous quarter

Overall: decreasing (38.27%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.27 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -0.33 (USD).Trend:Increase 22.22% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.05 (USD).Trend:Decrease 84.85% than previous quarter

Overall: increasing (-81.48%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2019 to Q1 2020 show substantial volatility in working capital metrics. Liabilities on revenue and current assets on revenue show large increases and decreases.  Cost efficiency exhibits a significant decrease in the ratio of retained earnings to revenue. Investment efficiency indicates a negative trend in retained earnings on assets. Earnings per share show volatile fluctuations.