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 89.66 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 81.23 (%).Trend:Decrease 9.4% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 145.04 (%).Trend:Increase 78.55% than previous quarter

Overall: increasing (61.77%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 59.39 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 55.98 (%).Trend:Decrease 5.74% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 118.58 (%).Trend:Increase 111.83% than previous quarter

Overall: increasing (99.66%). 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 38.86 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 20.39 (%).Trend:Decrease 47.53% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 74.62 (%).Trend:Increase 265.96% than previous quarter

Overall: increasing (92.02%). 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 4.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 2.15 (%).Trend:Decrease 50.46% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 3.63 (%).Trend:Increase 68.84% than previous quarter

Overall: decreasing (-16.36%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q2 2019 to Q1 2020 demonstrates significant fluctuations across all metrics. Liabilities on revenue showed an increase from Q2 2019 to Q1 2020, while current assets also increased over the same period. Cost efficiency, indicated by the ratio of retained earnings to revenue, saw a considerable increase, offset by a large decline in the middle period. Investment efficiency, tracked by retained earnings on assets, shows a negative trend.