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 69220000000.0 (%).Trend:Increase 6.51% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 60270000000.0 (%).Trend:Decrease 12.93% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 61390000000.0 (%).Trend:Increase 1.86% than previous quarter

Overall: decreasing (-11.31%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 210740000000.0 (%).Trend:Increase 9.63% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 260860000000.0 (%).Trend:Increase 23.78% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 215290000000.0 (%).Trend:Decrease 17.47% than previous quarter

Overall: increasing (2.16%). Fluctuation: **Neutral** (moderate 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 364710000000.0 (%).Trend:Increase 3.1% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 375480000000.0 (%).Trend:Increase 2.95% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 380250000000.0 (%).Trend:Increase 1.27% than previous quarter

Overall: increasing (4.26%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51150000000.0 (%).Trend:Increase 52.01% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16190000000.0 (%).Trend:Decrease 68.35% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 31500000000.0 (%).Trend:Increase 94.56% than previous quarter

Overall: decreasing (-38.42%). 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 65.82 (%).Trend:Increase 0.41% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 59.62 (%).Trend:Decrease 9.42% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 65.47 (%).Trend:Increase 9.81% than previous quarter

Overall: decreasing (-0.53%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 6.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 83.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-66.67%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2019 to Q2 2020 show key financial ratios.  Liabilities on revenue decreased by -11.31% with little fluctuation, while current assets on revenue increased by 2.16% with moderate fluctuation.  Cost efficiency shows a decrease of -38.42% with high variation, driven by SG&A expense ratios. The ratio of retained earnings to revenue increased by 4.26% with low variation.  Investment efficiency, measured by retained earnings on assets, decreased slightly (-0.53%), with low fluctuation.  Earnings per share declined by -66.67% with high variability.