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 107.53 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 65.39 (%).Trend:Decrease 39.19% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 226.73 (%).Trend:Increase 246.73% than previous quarter

Overall: increasing (110.85%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 312.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 204.58 (%).Trend:Decrease 34.43% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 622.0 (%).Trend:Increase 204.04% than previous quarter

Overall: increasing (99.36%). 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 240.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 161.94 (%).Trend:Decrease 32.79% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 524.26 (%).Trend:Increase 223.74% than previous quarter

Overall: increasing (117.6%). 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 62.42 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 64.29 (%).Trend:Increase 3.0% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 68.78 (%).Trend:Increase 6.98% than previous quarter

Overall: increasing (10.19%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q2 2019 to Q1 2020 reveals substantial increases and decreases in various financial metrics. Liabilities on revenue saw an increase in Q1 2020 after a decrease in Q3 2019, and current assets on revenue also followed a similar trend. Cost efficiency, specifically the ratio of retained earnings to revenue, experienced a significant overall upward trend.  However, investment efficiency, tracked by retained earnings on assets, displayed a steady but moderate increase. The high fluctuation in many metrics suggests a need for further investigation into the underlying business factors.