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 8954700000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 9308100000.0 (%).Trend:Increase 3.95% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 9171400000.0 (%).Trend:Decrease 1.47% than previous quarter

Overall: increasing (2.42%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 63487600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 57665700000.0 (%).Trend:Decrease 9.17% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 40794900000.0 (%).Trend:Decrease 29.26% than previous quarter

Overall: decreasing (-35.74%). Fluctuation: **Neutral** (moderate 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 -160000000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -170000000000.0 (%).Trend:Increase 6.25% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -190000000000.0 (%).Trend:Increase 11.76% than previous quarter

Overall: decreasing (18.75%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8688100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12656100000.0 (%).Trend:Increase 45.67% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4021500000.0 (%).Trend:Decrease 68.22% than previous quarter

Overall: decreasing (-53.71%). 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 -174.29 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -192.68 (%).Trend:Increase 10.55% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -257.33 (%).Trend:Increase 33.55% than previous quarter

Overall: decreasing (47.64%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q2 2019 to Q1 2020, liabilities on revenue increased slightly (2.42%), while current assets decreased significantly (-35.74%). Cost efficiency metrics were negative. The ratio of retained earnings to revenue decreased by 18.75%, and SG&A expenses decreased by 53.71%. Retained earnings on assets decreased by 47.64%, exhibiting high variation.