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 63.29 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 25.18 (%).Trend:Decrease 60.21% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 77.98 (%).Trend:Increase 209.69% than previous quarter

Overall: increasing (23.21%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 79.6 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 37.99 (%).Trend:Decrease 52.27% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 124.5 (%).Trend:Increase 227.72% than previous quarter

Overall: increasing (56.41%). 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 -14.65 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -7.44 (%).Trend:Decrease 49.22% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -13.44 (%).Trend:Increase 80.65% than previous quarter

Overall: increasing (-8.26%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 37.82 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38.63 (%).Trend:Increase 2.14% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 43.49 (%).Trend:Increase 12.58% than previous quarter

Overall: increasing (14.99%). 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 -11.48 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -10.69 (%).Trend:Decrease 6.88% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -6.25 (%).Trend:Decrease 41.53% than previous quarter

Overall: increasing (-45.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 reveal significant fluctuations in key financial metrics.  Liabilities and current assets on revenue increased then decreased significantly. Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits substantial quarter-to-quarter variation. SG&A expense ratio demonstrates an increase with little fluctuation. Investment efficiency, measured by retained earnings on assets, displays significant quarterly shifts.