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 224.48 (%).Trend:Decrease 79.31% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 146.74 (%).Trend:Decrease 34.63% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 454.72 (%).Trend:Increase 209.88% than previous quarter

Overall: increasing (102.57%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 110.16 (%).Trend:Decrease 29.51% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 93.49 (%).Trend:Decrease 15.13% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 114.17 (%).Trend:Increase 22.12% than previous quarter

Overall: increasing (3.64%). Fluctuation: **Little** (low 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 -2611.58 (%).Trend:Decrease 51.47% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -1807.65 (%).Trend:Decrease 30.78% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -4328.21 (%).Trend:Increase 139.44% than previous quarter

Overall: decreasing (65.73%). 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 -248.87 (%).Trend:Increase 9.13% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -253.75 (%).Trend:Increase 1.96% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -337.69 (%).Trend:Increase 33.08% than previous quarter

Overall: decreasing (35.69%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuations in liabilities and current assets on revenue between Q2 2019 and Q1 2020. Liabilities on revenue decreased dramatically in Q2 2019, then decreased further in Q3 2019 before increasing significantly in Q1 2020. Current assets on revenue, however, show a more stable upward trend, with a slight increase overall. Cost efficiency, as measured by the ratio of retained earnings to revenue, is consistently decreasing with significant volatility. Invest efficiency, measured by retained earnings on assets, also exhibits significant fluctuation.  Overall, the financial performance in this period exhibits notable volatility.