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 405769600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 385037100000.0 (%).Trend:Decrease 5.11% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 371054600000.0 (%).Trend:Decrease 3.63% than previous quarter

Overall: decreasing (-8.56%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 515755200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 532288800000.0 (%).Trend:Increase 3.21% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 512948900000.0 (%).Trend:Decrease 3.63% than previous quarter

Overall: decreasing (-0.54%). 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 276980400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 199814200000.0 (%).Trend:Decrease 27.86% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 141884500000.0 (%).Trend:Decrease 28.99% than previous quarter

Overall: decreasing (-48.77%). 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 30.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 25.35 (%).Trend:Decrease 17.88% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 19.46 (%).Trend:Decrease 23.23% than previous quarter

Overall: decreasing (-36.96%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -4.38 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -9.68 (USD).Trend:Increase 121.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.9 (USD).Trend:Decrease 80.37% than previous quarter

Overall: increasing (-56.62%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2019 to Q1 2020 shows decreasing trends in working capital efficiency (liabilities on revenue and current assets on revenue). Cost efficiency, specifically the ratio of retained earnings to revenue, exhibits a substantial decrease. Investment efficiency, represented by retained earnings on assets, also shows a consistent downward trend.  Earnings per share shows significant fluctuations, with a substantial overall decrease.