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 92495700000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 90370600000.0 (%).Trend:Decrease 2.3% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 96893500000.0 (%).Trend:Increase 7.22% than previous quarter

Overall: increasing (4.75%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 65762200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 55947900000.0 (%).Trend:Decrease 14.92% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 62572100000.0 (%).Trend:Increase 11.84% than previous quarter

Overall: decreasing (-4.85%). 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 -53015000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -47768700000.0 (%).Trend:Decrease 9.9% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -41246500000.0 (%).Trend:Decrease 13.65% than previous quarter

Overall: increasing (-22.2%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 35515800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55008700000.0 (%).Trend:Increase 54.89% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16420100000.0 (%).Trend:Decrease 70.15% than previous quarter

Overall: decreasing (-53.77%). 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 -22.2 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -20.22 (%).Trend:Decrease 8.92% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -16.97 (%).Trend:Decrease 16.07% than previous quarter

Overall: increasing (-23.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q2 2019 to Q1 2020 reveals a mixed picture.  Liabilities on revenue are trending upward, with slight fluctuations.  Current assets on revenue are declining, also with minor variations.  Cost efficiency, measured by retained earnings to revenue and SG&A expense ratio, demonstrates significant volatility, with substantial increases and decreases.  Investment efficiency, measured by retained earnings on assets, also shows significant volatility and a negative overall trend.