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 27653700000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 37483900000.0 (%).Trend:Increase 35.55% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 32351000000.0 (%).Trend:Decrease 13.69% than previous quarter

Overall: increasing (16.99%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 53652400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 64833100000.0 (%).Trend:Increase 20.84% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 64688300000.0 (%).Trend:Decrease 0.22% than previous quarter

Overall: increasing (20.57%). 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 655314900000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 658632100000.0 (%).Trend:Increase 0.51% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 672591100000.0 (%).Trend:Increase 2.12% than previous quarter

Overall: increasing (2.64%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14540600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22384500000.0 (%).Trend:Increase 53.94% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9296800000.0 (%).Trend:Decrease 58.47% than previous quarter

Overall: decreasing (-36.06%). 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 121.07 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 95.42 (%).Trend:Decrease 21.19% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 97.56 (%).Trend:Increase 2.24% than previous quarter

Overall: decreasing (-19.42%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.71 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.93 (USD).Trend:Increase 30.99% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.4 (USD).Trend:Decrease 56.99% than previous quarter

Overall: decreasing (-43.66%). Fluctuation: **Significant** (high variation).



Financial statements for Q2 2019 to Q1 2020 show mixed trends. Working capital efficiency reveals a neutral fluctuation in liabilities on revenue (up 16.99%) and current assets on revenue (up 20.57%). Cost efficiency displays a mixed trend with a small increase (2.64%) for the ratio of retained earnings to revenue, but a significant decrease (-36.06%) for the SG&A expense ratio. Investment efficiency shows a slight decrease (-19.42%), and earning per share decreased significantly (-43.66%) with considerable volatility.