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 139120000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 133450000000.0 (%).Trend:Decrease 4.08% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 126000000000.0 (%).Trend:Decrease 5.58% than previous quarter

Overall: decreasing (-9.43%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 212700000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 219870000000.0 (%).Trend:Increase 3.37% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 207980000000.0 (%).Trend:Decrease 5.41% than previous quarter

Overall: decreasing (-2.22%). 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 128119800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 140979300000.0 (%).Trend:Increase 10.04% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 154693900000.0 (%).Trend:Increase 9.73% than previous quarter

Overall: increasing (20.74%). Fluctuation: **Little** (low variation).

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

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 26.71 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 29.02 (%).Trend:Increase 8.65% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 31.61 (%).Trend:Increase 8.92% than previous quarter

Overall: increasing (18.35%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q2 2019 to Q1 2020 shows a decrease in liabilities on revenue (-9.43%) and a decrease in current assets on revenue (-2.22%). Cost efficiency, however, shows a noticeable upward trend, with the ratio of retained earnings to revenue increasing by 20.74%.  Invest efficiency also demonstrates an increasing trend (18.35%) in retained earnings on assets.