Working Capital Efficiency
The data from Quater 3 in 2019 to Quater 1 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 3: Liabilities on Revenue 21485100000.0 (%).Trend:Increase 20.02% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 15865800000.0 (%).Trend:Decrease 10.77% than previous quarter

Overall: decreasing (-26.15%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 38932700000.0 (%).Trend:Decrease 1.5% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 28931300000.0 (%).Trend:Decrease 9.76% than previous quarter

Overall: decreasing (-25.69%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2019 to Quater 1 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -34448900000.0 (%).Trend:Increase 5.3% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -40173200000.0 (%).Trend:Increase 4.48% than previous quarter

Overall: decreasing (16.62%). Fluctuation: **Significant** (high variation).

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

Invest Efficiency
The data from Quater 3 in 2019 to Quater 1 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 3: Retained Earning on Assets -66.41 (%).Trend:Increase 3.11% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -94.02 (%).Trend:Increase 11.66% than previous quarter

Overall: decreasing (41.58%). Fluctuation: **Significant** (high variation).

Earning Per Share


The period from Q3 2019 to Q1 2020 reveals a substantial decline in both liabilities on revenue (-26.15%) and current assets on revenue (-25.69%), with moderate fluctuation in both. Cost efficiency, as represented by the ratio of retained earnings to revenue, showed a significant decrease (-16.62%) and high fluctuation.  Investment efficiency, as indicated by retained earnings on assets, experienced a considerable decline (-41.58%) with substantial fluctuation. Data is missing for SG&A expenses and earnings per share.