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 4537700000.0 (%).Trend:Decrease 30.47% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 4039600000.0 (%).Trend:Decrease 10.98% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 3830800000.0 (%).Trend:Decrease 5.17% than previous quarter

Overall: decreasing (-15.58%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 25593200000.0 (%).Trend:Decrease 10.62% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 24182800000.0 (%).Trend:Decrease 5.51% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 52541700000.0 (%).Trend:Increase 117.27% than previous quarter

Overall: increasing (105.3%). Fluctuation: **Significant** (high 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 -17793600000.0 (%).Trend:Increase 7.34% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -20399900000.0 (%).Trend:Increase 14.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -21845900000.0 (%).Trend:Increase 7.09% than previous quarter

Overall: decreasing (22.77%). Fluctuation: **Significant** (high variation).

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

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 -54.36 (%).Trend:Increase 16.85% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -62.99 (%).Trend:Increase 15.88% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -35.94 (%).Trend:Decrease 42.94% than previous quarter

Overall: increasing (-33.89%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q3 2019 to Q2 2020 shows liabilities on revenue decreasing steadily, with little fluctuation. Current assets on revenue increased sharply in Q2 2020 but saw overall decrease from Q3 2019. Cost efficiency, as measured by the retained earnings to revenue ratio, decreased significantly with significant fluctuations.  Investment efficiency, measured by retained earnings on assets, demonstrates substantial volatility and a generally positive trend.