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 46991400000.0 (%).Trend:Decrease 8.04% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 42550000000.0 (%).Trend:Decrease 9.45% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 39470200000.0 (%).Trend:Decrease 7.24% than previous quarter

Overall: decreasing (-16.01%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 68120200000.0 (%).Trend:Decrease 2.97% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 65883600000.0 (%).Trend:Decrease 3.28% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 63713600000.0 (%).Trend:Decrease 3.29% than previous quarter

Overall: decreasing (-6.47%). 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 36325400000.0 (%).Trend:Increase 5.55% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 38288000000.0 (%).Trend:Increase 5.4% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 42028400000.0 (%).Trend:Increase 9.77% than previous quarter

Overall: increasing (15.7%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12880400000.0 (%).Trend:Increase 108.73% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19608200000.0 (%).Trend:Increase 52.23% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6217700000.0 (%).Trend:Decrease 68.29% than previous quarter

Overall: decreasing (-51.73%). Fluctuation: **Significant** (high 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 27.99 (%).Trend:Increase 7.99% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 29.82 (%).Trend:Increase 6.54% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 32.58 (%).Trend:Increase 9.26% than previous quarter

Overall: increasing (16.4%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.58 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 2.66 (USD).Trend:Increase 68.35% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.14 (USD).Trend:Decrease 57.14% than previous quarter

Overall: decreasing (-27.85%). Fluctuation: **Significant** (high variation).



Analyzing Q2 2019 to Q1 2020 data reveals a consistent downward trend in liabilities and current assets on revenue, indicating potential working capital concerns.  Conversely, a substantial increase is noted in both the ratio of retained earnings to revenue and retained earnings on assets, signaling improved profitability. However, a sharp decrease in earnings per share coupled with volatile SG&A expenses warrants attention.