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 567243700.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 541014100.0 (%).Trend:Decrease 4.62% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 947174300.0 (%).Trend:Increase 75.07% than previous quarter

Overall: increasing (66.98%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 3858849200.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 3789153400.0 (%).Trend:Decrease 1.81% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2730679400.0 (%).Trend:Decrease 27.93% than previous quarter

Overall: decreasing (-29.24%). 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 -2986888800.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -3143983000.0 (%).Trend:Increase 5.26% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -3562854100.0 (%).Trend:Increase 13.32% than previous quarter

Overall: decreasing (19.28%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -60.17 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -64.75 (%).Trend:Increase 7.61% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -63.36 (%).Trend:Decrease 2.15% than previous quarter

Overall: decreasing (5.3%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q2 2019 to Q1 2020, liabilities on revenue increased significantly (66.98%), displaying high fluctuation. Current assets on revenue decreased considerably (-29.24%), showing moderate fluctuation. The ratio of retained earnings to revenue decreased substantially (19.28%), exhibiting high variation. Retained earnings on assets also decreased (5.3%), with high variation.