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 86.62 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 57.49 (%).Trend:Decrease 33.63% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 164.54 (%).Trend:Increase 186.21% than previous quarter

Overall: increasing (89.96%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 343.71 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 221.26 (%).Trend:Decrease 35.63% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 559.26 (%).Trend:Increase 152.76% than previous quarter

Overall: increasing (62.71%). 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 -118.34 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -79.36 (%).Trend:Decrease 32.94% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -209.0 (%).Trend:Increase 163.36% than previous quarter

Overall: decreasing (76.61%). 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 -25.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -26.22 (%).Trend:Increase 2.9% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -26.21 (%).Trend:Decrease 0.04% than previous quarter

Overall: decreasing (2.86%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis of Q2 2019 to Q1 2020 highlights considerable volatility in financial metrics. Liabilities and current assets as percentages of revenue demonstrate significant increases and decreases, suggesting instability in working capital management. Cost efficiency, as measured by the retained earnings to revenue ratio, shows a negative overall trend with significant fluctuations. Investment efficiency, however, shows a slight negative overall trend with notable variability, necessitating careful examination.