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 559030000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 519500000000.0 (%).Trend:Decrease 7.07% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 499580000000.0 (%).Trend:Decrease 3.83% than previous quarter

Overall: decreasing (-10.63%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 466360000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 439880000000.0 (%).Trend:Decrease 5.68% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 474860000000.0 (%).Trend:Increase 7.95% than previous quarter

Overall: increasing (1.82%). 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 343110000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 353060000000.0 (%).Trend:Increase 2.9% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 345550000000.0 (%).Trend:Decrease 2.13% than previous quarter

Overall: increasing (0.71%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 126000000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 191380000000.0 (%).Trend:Increase 51.89% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 60070000000.0 (%).Trend:Decrease 68.61% than previous quarter

Overall: decreasing (-52.33%). 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 32.07 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 33.78 (%).Trend:Increase 5.33% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 32.75 (%).Trend:Decrease 3.05% than previous quarter

Overall: increasing (2.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.14 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.24 (USD).Trend:Increase 51.4% than previous quarter
Year 2020 Quarter 1: Earning Per Share -2.58 (USD).Trend:Decrease 179.63% than previous quarter

Overall: decreasing (-220.56%). Fluctuation: **Significant** (high variation).



The analysis of Q2 2019 to Q1 2020 data shows a 10.63% decrease in the Liabilities on Revenue ratio and a 1.82% increase in the Current assets on Revenue ratio, indicating some shifts in working capital. Retained earnings to revenue increased slightly (0.71%), while the SG&A expense ratio decreased significantly (-52.33%), suggesting cost-cutting measures. Retained earnings on assets showed a small increase (2.12%), but earnings per share plummeted (-220.56%).