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 76080600000.0 (%).Trend:Decrease 9.78% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 73243500000.0 (%).Trend:Decrease 3.73% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 74703600000.0 (%).Trend:Increase 1.99% than previous quarter

Overall: decreasing (-1.81%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 304349000000.0 (%).Trend:Decrease 10.81% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 274784300000.0 (%).Trend:Decrease 9.71% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 273117600000.0 (%).Trend:Decrease 0.61% than previous quarter

Overall: decreasing (-10.26%). Fluctuation: **Little** (low 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 238602800000.0 (%).Trend:Increase 1.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 240811100000.0 (%).Trend:Increase 0.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 244502200000.0 (%).Trend:Increase 1.53% than previous quarter

Overall: increasing (2.47%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14982800000.0 (%).Trend:Increase 55.61% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5858700000.0 (%).Trend:Decrease 60.9% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11035700000.0 (%).Trend:Increase 88.36% than previous quarter

Overall: decreasing (-26.34%). 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 33.82 (%).Trend:Increase 2.48% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 34.65 (%).Trend:Increase 2.45% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 34.57 (%).Trend:Decrease 0.23% than previous quarter

Overall: increasing (2.22%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -0.53 (USD).Trend:Decrease 35.37% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.86 (USD).Trend:Decrease 262.26% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.21 (USD).Trend:Increase 40.7% than previous quarter

Overall: increasing (-328.3%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a slight decrease in liabilities on revenue (-1.81%) and a substantial decrease in current assets on revenue (-10.26%), both with low variation. Cost efficiency displays a decrease in SG&A expense ratio (-26.34%) with high fluctuation. Retained earnings to revenue ratio is increasing (2.47%) with low fluctuation.  Investment efficiency shows a slight increase in retained earnings on assets (2.22%) and low fluctuation. Earnings per share show a significant overall increase (+328.3%), but with highly variable quarter-to-quarter performance.  Overall, the financial picture suggests a mixed trend, with some positive indicators in cost and investment efficiency but considerable volatility in working capital and earnings per share.