Working Capital Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 3: Liabilities on Revenue 32060200000.0 (%).Trend:Increase 21.64% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 21461100000.0 (%).Trend:Decrease 33.06% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 19012700000.0 (%).Trend:Decrease 11.41% than previous quarter

Overall: decreasing (-40.7%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 42500800000.0 (%).Trend:Decrease 1.02% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 37288500000.0 (%).Trend:Decrease 12.26% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 31410100000.0 (%).Trend:Decrease 15.76% than previous quarter

Overall: decreasing (-26.1%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -67955300000.0 (%).Trend:Increase 12.37% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -64726100000.0 (%).Trend:Decrease 4.75% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -69823600000.0 (%).Trend:Increase 7.88% than previous quarter

Overall: decreasing (2.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 3: Retained Earning on Assets -98.87 (%).Trend:Increase 14.21% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -103.89 (%).Trend:Increase 5.08% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -125.77 (%).Trend:Increase 21.06% than previous quarter

Overall: decreasing (27.21%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2019 to Q2 2020, financial indicators show a mixed picture. Liabilities on revenue decreased substantially (40.7%), exhibiting significant fluctuation.  Current assets on revenue also decreased (26.1%), with moderate fluctuation. Cost efficiency (ratio of retained earnings to revenue) shows a slight decreasing trend (2.75%), although significant fluctuations exist.  Invest efficiency (retained earnings on assets) shows a substantial decrease (27.21%) with significant fluctuations.