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 66059800000.0 (%).Trend:Decrease 2.02% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 75900000000.0 (%).Trend:Increase 14.9% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 80954200000.0 (%).Trend:Increase 6.66% than previous quarter

Overall: increasing (22.55%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 51606700000.0 (%).Trend:Decrease 1.03% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 46824000000.0 (%).Trend:Decrease 9.27% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 46986000000.0 (%).Trend:Increase 0.35% than previous quarter

Overall: decreasing (-8.95%). Fluctuation: **Little** (low 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 12113100000.0 (%).Trend:Increase 6.45% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -1683800000.0 (%).Trend:Decrease 113.9% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -6386200000.0 (%).Trend:Increase 279.27% than previous quarter

Overall: decreasing (-152.72%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 36493700000.0 (%).Trend:Increase 49.31% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9849100000.0 (%).Trend:Decrease 73.01% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 21280300000.0 (%).Trend:Increase 116.06% than previous quarter

Overall: decreasing (-41.69%). Fluctuation: **Significant** (high variation).


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 9.42 (%).Trend:Increase 7.9% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -1.42 (%).Trend:Decrease 115.07% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -5.47 (%).Trend:Increase 285.21% than previous quarter

Overall: decreasing (-158.07%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 3.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -7.0 (USD).Trend:Decrease 333.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share -11.0 (USD).Trend:Increase 57.14% than previous quarter

Overall: decreasing (-466.67%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2019 to Q2 2020, liabilities on revenue increased 22.55% with moderate fluctuation, while current assets decreased 8.95% with low fluctuation.  Cost efficiency shows significant decreases and high variation: retained earnings to revenue decreased (-152.72%), and SG&A expense ratio decreased (-41.69%). Investment efficiency metrics reflect significant decreases and high variation; retained earnings on assets decreased (-158.07%) and earnings per share decreased (-466.67%).