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 2938200000000.0 (%).Trend:Increase 5.15% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 2510000000000.0 (%).Trend:Decrease 14.57% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 3239700000000.0 (%).Trend:Increase 29.07% than previous quarter

Overall: increasing (10.26%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 2436000000000.0 (%).Trend:Decrease 14.65% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 2311700000000.0 (%).Trend:Decrease 5.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2823400000000.0 (%).Trend:Increase 22.14% than previous quarter

Overall: increasing (15.9%). 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 6460200000000.0 (%).Trend:Increase 1.41% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 6548100000000.0 (%).Trend:Increase 1.36% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 6687000000000.0 (%).Trend:Increase 2.12% than previous quarter

Overall: increasing (3.51%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 576300000000.0 (%).Trend:Increase 124.5% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 887900000000.0 (%).Trend:Increase 54.07% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 264800000000.0 (%).Trend:Decrease 70.18% than previous quarter

Overall: decreasing (-54.05%). 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 71.78 (%).Trend:Decrease 0.46% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 74.89 (%).Trend:Increase 4.33% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 71.13 (%).Trend:Decrease 5.02% than previous quarter

Overall: decreasing (-0.91%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q2 2019 through Q1 2020 reveals an overall increasing trend in liabilities on revenue (10.26%) with moderate fluctuation, and a similar trend for current assets on revenue (15.9%) with the same fluctuation. The ratio of retained earnings to revenue is steadily rising (3.51%) showing low fluctuation.  SG&A expense ratio experiences a substantial decrease (-54.05%) and significant variation, while retained earnings on assets also trend downward (-0.91%) with minimal fluctuation.