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 110551500000.0 (%).Trend:Decrease 1.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 131202200000.0 (%).Trend:Increase 18.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 101729900000.0 (%).Trend:Decrease 22.46% than previous quarter

Overall: decreasing (-7.98%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 109487800000.0 (%).Trend:Decrease 3.0% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 164957700000.0 (%).Trend:Increase 50.66% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 111868900000.0 (%).Trend:Decrease 32.18% than previous quarter

Overall: increasing (2.17%). 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 -537671100000.0 (%).Trend:Increase 4.17% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -563428300000.0 (%).Trend:Increase 4.79% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -577148100000.0 (%).Trend:Increase 2.44% than previous quarter

Overall: decreasing (7.34%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38684900000.0 (%).Trend:Increase 50.12% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12370400000.0 (%).Trend:Decrease 68.02% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22339200000.0 (%).Trend:Increase 80.59% than previous quarter

Overall: decreasing (-42.25%). 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 -85.79 (%).Trend:Increase 6.84% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -92.0 (%).Trend:Increase 7.24% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -103.73 (%).Trend:Increase 12.75% than previous quarter

Overall: decreasing (20.91%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis for Q3 2019 to Q2 2020 shows a mixed picture.  Working capital efficiency shows liabilities on revenue decreasing slightly, while current assets are increasing, albeit with notable fluctuations. Cost efficiency reveals a declining ratio of retained earnings to revenue and a substantial drop in SG&A expense ratios with significant quarterly variation. Investment efficiency exhibits a significant decrease in retained earnings on assets.  Overall, while some metrics are positive, significant fluctuations and declines are present across different financial indicators.