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 55.29 (%).Trend:Decrease 43.43% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 29.8 (%).Trend:Decrease 46.1% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 95.1 (%).Trend:Increase 219.13% than previous quarter

Overall: increasing (72.0%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 39.88 (%).Trend:Decrease 45.68% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 26.46 (%).Trend:Decrease 33.65% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 77.95 (%).Trend:Increase 194.6% than previous quarter

Overall: increasing (95.46%). 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 458.69 (%).Trend:Decrease 46.37% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 311.04 (%).Trend:Decrease 32.19% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1012.68 (%).Trend:Increase 225.58% than previous quarter

Overall: increasing (120.78%). 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 76.16 (%).Trend:Increase 1.41% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 77.25 (%).Trend:Increase 1.43% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 79.43 (%).Trend:Increase 2.82% than previous quarter

Overall: increasing (4.29%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 4.16 (USD).Trend:Increase 316.0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 6.39 (USD).Trend:Increase 53.61% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.15 (USD).Trend:Decrease 66.35% than previous quarter

Overall: decreasing (-48.32%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show significant fluctuations. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all display high volatility, increasing and decreasing sharply across quarters.  In contrast, retained earnings on assets trended upward with little variation.  Earnings per share saw a sharp increase followed by a considerable decrease in Q1 2020, showcasing significant fluctuations.