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 1770100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 1799600000.0 (%).Trend:Increase 1.67% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 1727300000.0 (%).Trend:Decrease 4.02% than previous quarter

Overall: decreasing (-2.42%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 13280300000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 11248600000.0 (%).Trend:Decrease 15.3% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 21024700000.0 (%).Trend:Increase 86.91% than previous quarter

Overall: increasing (58.31%). 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 -25032200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -27349800000.0 (%).Trend:Increase 9.26% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -31741100000.0 (%).Trend:Increase 16.06% than previous quarter

Overall: decreasing (26.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3524300000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5052300000.0 (%).Trend:Increase 43.36% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1540800000.0 (%).Trend:Decrease 69.5% than previous quarter

Overall: decreasing (-56.28%). 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 -139.99 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -169.86 (%).Trend:Increase 21.34% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -122.78 (%).Trend:Decrease 27.72% than previous quarter

Overall: increasing (-12.29%). Fluctuation: **Significant** (high variation).

Earning Per Share


The period from Q2 2019 to Q1 2020 saw a 2.42% decrease in liabilities on revenue and a 58.31% increase in current assets on revenue, with significant fluctuation in the latter.  Cost efficiency metrics showed a significant decrease of 26.8% in the retained earnings ratio and a significant decrease of 56.28% in SG&A expenses, both highly variable.  Investment efficiency, as measured by retained earnings on assets, showed an increase of -12.29% with significant variation.