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 341600000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 360000000000.0 (%).Trend:Increase 5.39% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 319100000000.0 (%).Trend:Decrease 11.36% than previous quarter

Overall: decreasing (-6.59%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 631100000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 615600000000.0 (%).Trend:Decrease 2.46% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 694600000000.0 (%).Trend:Increase 12.83% than previous quarter

Overall: increasing (10.06%). Fluctuation: **Little** (low 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 1639900000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 1655500000000.0 (%).Trend:Increase 0.95% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1611400000000.0 (%).Trend:Decrease 2.66% than previous quarter

Overall: decreasing (-1.74%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 81500000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 118400000000.0 (%).Trend:Increase 45.28% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39500000000.0 (%).Trend:Decrease 66.64% than previous quarter

Overall: decreasing (-51.53%). 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 59.47 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 60.58 (%).Trend:Increase 1.87% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 57.84 (%).Trend:Decrease 4.52% than previous quarter

Overall: decreasing (-2.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.69 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.1 (USD).Trend:Increase 59.42% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 114.55% than previous quarter

Overall: decreasing (-123.19%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2019 to Q1 2020 financial data shows a complex financial picture. Working capital indicators (liabilities and current assets on revenue) display slight decreases and increases, respectively.  Cost efficiency indicators show minor decreases in the retained earnings to revenue ratio. SG&A expense ratio shows substantial decrease. Investment efficiency and earnings per share show negative trends with high volatility.