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 121680000000.0 (%).Trend:Decrease 52.13% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 157350000000.0 (%).Trend:Increase 29.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 151970000000.0 (%).Trend:Decrease 3.42% than previous quarter

Overall: increasing (24.89%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 166760000000.0 (%).Trend:Decrease 40.38% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 186310000000.0 (%).Trend:Increase 11.72% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 141990000000.0 (%).Trend:Decrease 23.79% than previous quarter

Overall: decreasing (-14.85%). 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 88470000000.0 (%).Trend:Decrease 44.33% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 68850000000.0 (%).Trend:Decrease 22.18% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 52450000000.0 (%).Trend:Decrease 23.82% than previous quarter

Overall: decreasing (-40.71%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 88990000000.0 (%).Trend:Decrease 46.87% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 134170000000.0 (%).Trend:Increase 50.77% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38650000000.0 (%).Trend:Decrease 71.19% than previous quarter

Overall: decreasing (-56.57%). 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 29.61 (%).Trend:Decrease 13.24% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 21.89 (%).Trend:Decrease 26.07% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 21.24 (%).Trend:Decrease 2.97% than previous quarter

Overall: decreasing (-28.27%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -4.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -5.0 (USD).Trend:Increase 25.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -2.0 (USD).Trend:Decrease 60.0% than previous quarter

Overall: increasing (-50.0%). Fluctuation: **Significant** (high variation).



From Q2 2019 to Q1 2020, liabilities on revenue increased overall (24.89%), while current assets on revenue decreased (-14.85%).  Cost efficiency metrics showed significant decreases: retained earnings to revenue (-40.71%) and SG&A expense ratio (-56.57%). Investment efficiency also declined, with retained earnings on assets decreasing (-28.27%) and earnings per share showing significant fluctuation.