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 2386100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 3699100000.0 (%).Trend:Increase 55.03% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 4529100000.0 (%).Trend:Increase 22.44% than previous quarter

Overall: increasing (89.81%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 3341600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 3218300000.0 (%).Trend:Decrease 3.69% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 5284800000.0 (%).Trend:Increase 64.21% than previous quarter

Overall: increasing (58.15%). Fluctuation: **Significant** (high 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 -21755500000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -21220700000.0 (%).Trend:Decrease 2.46% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -20346300000.0 (%).Trend:Decrease 4.12% than previous quarter

Overall: increasing (-6.48%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 2593600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 3946300000.0 (%).Trend:Increase 52.16% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1431000000.0 (%).Trend:Decrease 63.74% than previous quarter

Overall: decreasing (-44.83%). 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 -145.01 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -126.26 (%).Trend:Decrease 12.93% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -107.93 (%).Trend:Decrease 14.52% than previous quarter

Overall: increasing (-25.57%). Fluctuation: **Significant** (high variation).

Earning Per Share


Between Q2 2019 and Q1 2020, significant increases were observed in liabilities on revenue (89.81%) and current assets on revenue (58.15%).  Cost efficiency metrics showed significant variability; retained earnings to revenue improved while SG&A expenses decreased significantly (-44.83%). Retained earnings on assets also showed significant improvement.