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 42.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28.07 (%).Trend:Decrease 34.11% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 62.65 (%).Trend:Increase 123.19% than previous quarter

Overall: increasing (47.07%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 96.35 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 70.23 (%).Trend:Decrease 27.11% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 151.29 (%).Trend:Increase 115.42% than previous quarter

Overall: increasing (57.02%). 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 90.89 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 58.17 (%).Trend:Decrease 36.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 147.4 (%).Trend:Increase 153.4% than previous quarter

Overall: increasing (62.17%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12.5 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12.87 (%).Trend:Increase 2.96% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 10.41 (%).Trend:Decrease 19.11% than previous quarter

Overall: decreasing (-16.72%). Fluctuation: **Neutral** (moderate 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 25.41 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.72 (%).Trend:Decrease 2.72% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 28.9 (%).Trend:Increase 16.91% than previous quarter

Overall: increasing (13.73%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -0.14 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.17 (USD).Trend:Decrease 221.43% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.8 (USD).Trend:Increase 370.59% than previous quarter

Overall: increasing (-671.43%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2019 to Q1 2020 shows substantial fluctuation. Working capital efficiency exhibits significant increases in both liabilities and current assets on revenue. Cost efficiency displays a considerable increase in the ratio of retained earnings to revenue, but a slight decrease in SG&A expense. Investment efficiency demonstrates a stable increase in retained earnings on assets. Earnings per share increased substantially with significant fluctuation.