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 74.72 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 56.4 (%).Trend:Decrease 24.52% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 160.46 (%).Trend:Increase 184.5% than previous quarter

Overall: increasing (114.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 60.65 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 37.66 (%).Trend:Decrease 37.91% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 159.01 (%).Trend:Increase 322.23% than previous quarter

Overall: increasing (162.18%). 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 -48.03 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -24.12 (%).Trend:Decrease 49.78% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -10.15 (%).Trend:Decrease 57.92% than previous quarter

Overall: increasing (-78.87%). 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 -5.77 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -4.38 (%).Trend:Decrease 24.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -0.53 (%).Trend:Decrease 87.9% than previous quarter

Overall: increasing (-90.81%). Fluctuation: **Significant** (high variation).

Earning Per Share


Working capital efficiency shows significant fluctuation. Liabilities on revenue increased significantly from Q2 2019 to Q1 2020, then decreased substantially to Q1 2020, and increased again, with a high variation. Current assets on revenue also displayed a similar pattern of significant increases and decreases. Cost efficiency shows a trend of increasing retained earnings ratio to revenue, with substantial variation. Invest efficiency shows a trend of increasing retained earnings on assets with large fluctuations. Overall, the financial statements reveal significant volatility in key financial metrics from Q2 2019 to Q1 2020.