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 48110200000.0 (%).Trend:Decrease 16.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 49027300000.0 (%).Trend:Increase 1.91% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 50337600000.0 (%).Trend:Increase 2.67% than previous quarter

Overall: increasing (4.63%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 169108000000.0 (%).Trend:Decrease 4.54% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 172519100000.0 (%).Trend:Increase 2.02% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 162301800000.0 (%).Trend:Decrease 5.92% than previous quarter

Overall: decreasing (-4.02%). Fluctuation: **Little** (low 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 7195600000.0 (%).Trend:Increase 188.72% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 8457000000.0 (%).Trend:Increase 17.53% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 9546200000.0 (%).Trend:Increase 12.88% than previous quarter

Overall: increasing (32.67%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 29033200000.0 (%).Trend:Increase 180.72% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9983200000.0 (%).Trend:Decrease 65.61% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 18895900000.0 (%).Trend:Increase 89.28% than previous quarter

Overall: decreasing (-34.92%). 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 2.34 (%).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 2.71 (%).Trend:Increase 15.81% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 3.16 (%).Trend:Increase 16.61% than previous quarter

Overall: increasing (35.04%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 1.04 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.19 (USD).Trend:Decrease 81.73% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.36 (USD).Trend:Increase 89.47% than previous quarter

Overall: decreasing (-65.38%). Fluctuation: **Significant** (high variation).



Financial statements from Q3 2019 to Q2 2020 show a mixed financial picture. Liabilities on revenue are slightly increasing, while current assets are decreasing. The ratio of retained earnings to revenue is increasing. The SG&A expense ratio shows a significant decrease overall, but fluctuating trends each quarter. Investment efficiency demonstrates a rising trend in retained earnings on assets.  Earnings per share show a substantial decline overall.  Further analysis is essential to understand the root causes of these patterns.