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 6976100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 8616700000.0 (%).Trend:Increase 23.52% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 8807400000.0 (%).Trend:Increase 2.21% than previous quarter

Overall: increasing (26.25%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 43460400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 45133400000.0 (%).Trend:Increase 3.85% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 45374000000.0 (%).Trend:Increase 0.53% than previous quarter

Overall: increasing (4.4%). 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 3635000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 4783300000.0 (%).Trend:Increase 31.59% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 5774900000.0 (%).Trend:Increase 20.73% than previous quarter

Overall: increasing (58.87%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12875600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19804500000.0 (%).Trend:Increase 53.81% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7445300000.0 (%).Trend:Decrease 62.41% than previous quarter

Overall: decreasing (-42.18%). 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 6.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 7.79 (%).Trend:Increase 25.44% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 8.69 (%).Trend:Increase 11.55% than previous quarter

Overall: increasing (39.94%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.79 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.12 (USD).Trend:Increase 41.77% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 96.43% than previous quarter

Overall: decreasing (-94.94%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2019 to Q1 2020 displays a mixed picture. Working capital efficiency shows increasing liabilities and current assets on revenue. Cost efficiency indicates an increase in the ratio of retained earnings to revenue but a significant decrease in the SG&A expense ratio. Investment efficiency shows an increase in retained earnings on assets. Earnings per share show a significant decrease.