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 179337400000.0 (%).Trend:Increase 5.21% than previous quarter
Year 2019 Quarter 1: Liabilities on Revenue 178638200000.0 (%).Trend:Decrease 0.39% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 180821200000.0 (%).Trend:Increase 1.22% than previous quarter

Overall: increasing (0.83%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 255811300000.0 (%).Trend:Increase 5.68% than previous quarter
Year 2019 Quarter 1: Current assets on Revenue 268538800000.0 (%).Trend:Increase 4.98% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 267908000000.0 (%).Trend:Decrease 0.23% than previous quarter

Overall: increasing (4.73%). 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 228508300000.0 (%).Trend:Increase 3.5% than previous quarter
Year 2019 Quarter 1: Ratio of Retained Earnings to Revenue 243630500000.0 (%).Trend:Increase 6.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 234819900000.0 (%).Trend:Decrease 3.62% than previous quarter

Overall: increasing (2.76%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65253600000.0 (%).Trend:Increase 50.9% than previous quarter
Year 2019 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22699700000.0 (%).Trend:Decrease 65.21% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43217100000.0 (%).Trend:Increase 90.39% than previous quarter

Overall: decreasing (-33.77%). 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 50.41 (%).Trend:Increase 0.32% than previous quarter
Year 2019 Quarter 1: Retained Earning on Assets 50.38 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 51.15 (%).Trend:Increase 1.53% than previous quarter

Overall: increasing (1.47%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 4.24 (USD).Trend:Increase 52.52% than previous quarter
Year 2019 Quarter 1: Earning Per Share 1.35 (USD).Trend:Decrease 68.16% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.14 (USD).Trend:Decrease 110.37% than previous quarter

Overall: decreasing (-103.3%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2019 to Q2 2020 indicates moderate growth in working capital efficiency (steady increases in liabilities and current assets related to revenue) and cost efficiency (steady rise in retained earnings to revenue). Investment efficiency and earnings per share show mixed results, with one exhibiting a steady uptrend and the other exhibiting significant variations and a decline. SG&A expense ratio shows significant volatility (large fluctuations), implying inconsistencies in cost management.