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 45810000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 39620000000.0 (%).Trend:Decrease 13.51% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 29910000000.0 (%).Trend:Decrease 24.51% than previous quarter

Overall: decreasing (-34.71%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 36750000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 38180000000.0 (%).Trend:Increase 3.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 39550000000.0 (%).Trend:Increase 3.59% than previous quarter

Overall: increasing (7.62%). 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 -39570000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -38630000000.0 (%).Trend:Decrease 2.38% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -35490000000.0 (%).Trend:Decrease 8.13% than previous quarter

Overall: increasing (-10.31%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14500000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22120000000.0 (%).Trend:Increase 52.55% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6980000000.0 (%).Trend:Decrease 68.44% than previous quarter

Overall: decreasing (-51.86%). 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 -10.41 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -9.9 (%).Trend:Decrease 4.9% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -9.42 (%).Trend:Decrease 4.85% than previous quarter

Overall: increasing (-9.51%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 suggest a complex financial picture. Liabilities on revenue are decreasing overall, while current assets on revenue are rising.  A significant fluctuation trend exists within the retained earnings to revenue ratio. Selling, general, and administrative (SG&A) expenses are sharply decreasing, while investment efficiency and retained earnings on assets are both trending up but fluctuating wildly. Further analysis is needed for a complete understanding of the financial performance.