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 408030000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 388860000000.0 (%).Trend:Decrease 4.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 400340000000.0 (%).Trend:Increase 2.95% than previous quarter

Overall: decreasing (-1.88%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 260040000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 228690000000.0 (%).Trend:Decrease 12.06% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 237250000000.0 (%).Trend:Increase 3.74% than previous quarter

Overall: decreasing (-8.76%). 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 810310000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 757680000000.0 (%).Trend:Decrease 6.5% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 737620000000.0 (%).Trend:Decrease 2.65% than previous quarter

Overall: decreasing (-8.97%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 142490000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 211510000000.0 (%).Trend:Increase 48.44% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 62970000000.0 (%).Trend:Decrease 70.23% than previous quarter

Overall: decreasing (-55.81%). 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 26.95 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 26.35 (%).Trend:Decrease 2.23% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 25.92 (%).Trend:Decrease 1.63% than previous quarter

Overall: decreasing (-3.82%). Fluctuation: **Little** (low variation).

Earning Per Share


Analysis of Q2 2019 to Q1 2020 financial data shows a generally downward trend in working capital efficiency, with slight decreases in liabilities and current assets on revenue and the ratio of retained earnings to revenue.  A significant decrease in the Selling, General & Administrative (SG&A) expense ratio stands out.  Investment efficiency, measured by retained earnings on assets, is also trending downward.