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 34.11 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 23.8 (%).Trend:Decrease 30.23% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 70.09 (%).Trend:Increase 194.5% than previous quarter

Overall: increasing (105.48%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 128.32 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 76.78 (%).Trend:Decrease 40.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 243.8 (%).Trend:Increase 217.53% than previous quarter

Overall: increasing (89.99%). 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 1.79 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -3.21 (%).Trend:Decrease 279.33% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -38.47 (%).Trend:Increase 1098.44% than previous quarter

Overall: decreasing (-2249.16%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 19.82 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 20.22 (%).Trend:Increase 2.02% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 20.88 (%).Trend:Increase 3.26% than previous quarter

Overall: increasing (5.35%). Fluctuation: **Little** (low 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 1.02 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -2.83 (%).Trend:Decrease 377.45% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -9.19 (%).Trend:Increase 224.73% than previous quarter

Overall: decreasing (-1000.98%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q2 2019-Q1 2020 reveals significant working capital changes.  Liabilities and current assets on revenue increased substantially, suggesting potential growth but also risk.  Cost efficiency is a major concern, with retained earnings declining dramatically, indicating potential profitability issues.  However, SG&A expenses show relatively stable growth.  Investment efficiency also deteriorated, showing significant decreases in retained earnings on assets.