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 8165551400.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 6664281900.0 (%).Trend:Decrease 18.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 7537556300.0 (%).Trend:Increase 13.1% than previous quarter

Overall: decreasing (-7.69%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 10048018900.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 7746144700.0 (%).Trend:Decrease 22.91% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 7300669500.0 (%).Trend:Decrease 5.75% than previous quarter

Overall: decreasing (-27.34%). 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 -5548265800.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -6435443900.0 (%).Trend:Increase 15.99% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -10142014800.0 (%).Trend:Increase 57.6% than previous quarter

Overall: decreasing (82.8%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4544758100.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6445852000.0 (%).Trend:Increase 41.83% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1805642600.0 (%).Trend:Decrease 71.99% than previous quarter

Overall: decreasing (-60.27%). 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 -39.93 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -56.0 (%).Trend:Increase 40.25% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -90.58 (%).Trend:Increase 61.75% than previous quarter

Overall: decreasing (126.85%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -10.0 (USD).Trend:Increase 900.0% than previous quarter

Overall: decreasing (900.0%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2019 to Q1 2020 reveals trends of overall decrease across numerous financial metrics. Liabilities on revenue show a slight overall decrease (-7.69%) and little fluctuation, while current assets on revenue show a substantial overall decrease (-27.34%), also with little fluctuation. The ratio of retained earnings to revenue displays a large decrease (82.8%) with considerable volatility.  Selling, general, and administrative (SG&A) expenses decreased overall (-60.27%) and displayed considerable fluctuation. Investment efficiency shows a considerable decline (126.85%) with significant fluctuation. Earnings per share remain negative, exhibiting dramatic fluctuations, particularly in Q1 2020. Overall, the data indicates a pattern of declining financial performance.