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 18676500000.0 (%).Trend:Increase 3.98% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 18453700000.0 (%).Trend:Decrease 1.19% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 15402700000.0 (%).Trend:Decrease 16.53% than previous quarter

Overall: decreasing (-17.53%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 37424000000.0 (%).Trend:Increase 1.33% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 31110400000.0 (%).Trend:Decrease 16.87% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 28065000000.0 (%).Trend:Decrease 9.79% than previous quarter

Overall: decreasing (-25.01%). Fluctuation: **Neutral** (moderate 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 22017000000.0 (%).Trend:Decrease 1.94% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 15802500000.0 (%).Trend:Decrease 28.23% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 15085400000.0 (%).Trend:Decrease 4.54% than previous quarter

Overall: decreasing (-31.48%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19673700000.0 (%).Trend:Increase 48.98% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5251100000.0 (%).Trend:Decrease 73.31% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9646800000.0 (%).Trend:Increase 83.71% than previous quarter

Overall: decreasing (-50.97%). 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 33.81 (%).Trend:Decrease 1.02% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 24.65 (%).Trend:Decrease 27.09% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 25.29 (%).Trend:Increase 2.6% than previous quarter

Overall: decreasing (-25.2%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.59 (USD).Trend:Increase 18.66% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.19 (USD).Trend:Decrease 174.84% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.48 (USD).Trend:Increase 24.37% than previous quarter

Overall: decreasing (-193.08%). Fluctuation: **Significant** (high variation).



Q3 2019 to Q2 2020 financial data demonstrates mostly decreasing trends across key metrics.  Liabilities on revenue, current assets on revenue, and retained earnings-to-revenue ratios all trend downward.  SG&A expense ratio displays considerable fluctuation.  Investment efficiency and earnings per share also show a significant downward trend with high variation.