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 6311900000.0 (%).Trend:Decrease 5.68% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 6242800000.0 (%).Trend:Decrease 1.09% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 6996400000.0 (%).Trend:Increase 12.07% than previous quarter

Overall: increasing (10.84%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 16512000000.0 (%).Trend:Decrease 4.36% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 18060900000.0 (%).Trend:Increase 9.38% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 19057800000.0 (%).Trend:Increase 5.52% than previous quarter

Overall: increasing (15.42%). 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 -10569200000.0 (%).Trend:Increase 4.67% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -12926500000.0 (%).Trend:Increase 22.3% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -15107200000.0 (%).Trend:Increase 16.87% than previous quarter

Overall: decreasing (42.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6783800000.0 (%).Trend:Increase 47.74% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2463200000.0 (%).Trend:Decrease 63.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5210200000.0 (%).Trend:Increase 111.52% than previous quarter

Overall: decreasing (-23.2%). 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 -14.95 (%).Trend:Increase 7.94% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -18.64 (%).Trend:Increase 24.68% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -21.8 (%).Trend:Increase 16.95% than previous quarter

Overall: decreasing (45.82%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share -0.17 (USD).Trend:Increase 70.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.21 (USD).Trend:Increase 23.53% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.51 (USD).Trend:Increase 142.86% than previous quarter

Overall: decreasing (200.0%). Fluctuation: **Significant** (high variation).



Analyzing Q3 2019 to Q2 2020, liabilities on revenue increased (10.84%) with little fluctuation, while current assets increased substantially (15.42%), also with little fluctuation. Cost efficiency is problematic; the ratio of retained earnings to revenue and SG&A expense ratio significantly decreased (-42.94% and -23.2% respectively), highlighting significant volatility.  Investment efficiency is weak, with retained earnings on assets and earnings per share significantly decreasing (-45.82% and -200% respectively), showing high variation.