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 70725100000.0 (%).Trend:Decrease 0.1% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 71925500000.0 (%).Trend:Increase 1.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 67983800000.0 (%).Trend:Decrease 5.48% than previous quarter

Overall: decreasing (-3.88%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 98144600000.0 (%).Trend:Increase 1.24% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 96380800000.0 (%).Trend:Decrease 1.8% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 120086500000.0 (%).Trend:Increase 24.6% than previous quarter

Overall: increasing (22.36%). Fluctuation: **Neutral** (moderate 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 418032300000.0 (%).Trend:Increase 3.12% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 430971800000.0 (%).Trend:Increase 3.1% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 459518300000.0 (%).Trend:Increase 6.62% than previous quarter

Overall: increasing (9.92%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40964000000.0 (%).Trend:Increase 100.39% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 61246600000.0 (%).Trend:Increase 49.51% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19874400000.0 (%).Trend:Decrease 67.55% than previous quarter

Overall: decreasing (-51.48%). 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 157.1 (%).Trend:Increase 2.19% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 163.5 (%).Trend:Increase 4.07% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 159.24 (%).Trend:Decrease 2.61% than previous quarter

Overall: increasing (1.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 9.0 (USD).Trend:Increase 125.0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 14.0 (USD).Trend:Increase 55.56% than previous quarter
Year 2020 Quarter 1: Earning Per Share 4.0 (USD).Trend:Decrease 71.43% than previous quarter

Overall: decreasing (-55.56%). Fluctuation: **Significant** (high variation).



Between Q2 2019 and Q1 2020, liabilities on revenue decreased (-3.88%) with minor fluctuation, while current assets on revenue increased (22.36%) showing moderate variation.  The ratio of retained earnings to revenue increased (9.92%) with low fluctuation.  Conversely, SG&A expense ratio decreased (-51.48%) significantly.  Retained earnings on assets showed a minor increase (1.36%), while earnings per share decreased (-55.56%) significantly.