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 47237500000.0 (%).Trend:Increase 6.72% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 51583700000.0 (%).Trend:Increase 9.2% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44891900000.0 (%).Trend:Decrease 12.97% than previous quarter

Overall: decreasing (-4.97%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 55002800000.0 (%).Trend:Increase 10.07% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 61451500000.0 (%).Trend:Increase 11.72% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 48099900000.0 (%).Trend:Decrease 21.73% than previous quarter

Overall: decreasing (-12.55%). 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 -118719700000.0 (%).Trend:Decrease 1.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -140573700000.0 (%).Trend:Increase 18.41% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -160512800000.0 (%).Trend:Increase 14.18% than previous quarter

Overall: decreasing (35.2%). 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 -26.57 (%).Trend:Decrease 1.37% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -33.6 (%).Trend:Increase 26.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -40.26 (%).Trend:Increase 19.82% than previous quarter

Overall: decreasing (51.52%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -0.05 (USD).Trend:Decrease 44.44% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.45 (USD).Trend:Increase 800.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.94 (USD).Trend:Increase 108.89% than previous quarter

Overall: decreasing (1780.0%). Fluctuation: **Significant** (high variation).



Analysis of Q3 2019 to Q2 2020 reveals decreasing liabilities on revenue (-4.97%) with little fluctuation.  Current assets on revenue also decline (-12.55%) with moderate variation. Cost efficiency shows a substantial decrease (35.2%) in the ratio of retained earnings to revenue with high variation.  Investment efficiency and earnings per share both show significant declines (51.52% and 1780%, respectively) with substantial fluctuation.