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 782100000000.0 (%).Trend:Increase 7.65% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 913400000000.0 (%).Trend:Increase 16.79% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 728200000000.0 (%).Trend:Decrease 20.28% than previous quarter

Overall: decreasing (-6.89%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 1802000000000.0 (%).Trend:Increase 28.25% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1509000000000.0 (%).Trend:Decrease 16.26% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 1410600000000.0 (%).Trend:Decrease 6.52% than previous quarter

Overall: decreasing (-21.72%). Fluctuation: **Neutral** (moderate 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 4208500000000.0 (%).Trend:Increase 1.75% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 4234500000000.0 (%).Trend:Increase 0.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 4275900000000.0 (%).Trend:Increase 0.98% than previous quarter

Overall: increasing (1.6%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 508900000000.0 (%).Trend:Increase 40.04% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 176800000000.0 (%).Trend:Decrease 65.26% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 336200000000.0 (%).Trend:Increase 90.16% than previous quarter

Overall: decreasing (-33.94%). 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 98.91 (%).Trend:Decrease 6.81% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 91.63 (%).Trend:Decrease 7.36% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 94.85 (%).Trend:Increase 3.51% than previous quarter

Overall: decreasing (-4.1%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 6.24 (USD).Trend:Increase 78.8% than previous quarter
Year 2020 Quarter 1: Earning Per Share 2.24 (USD).Trend:Decrease 64.1% than previous quarter
Year 2020 Quarter 2: Earning Per Share 4.48 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (-28.21%). Fluctuation: **Significant** (high variation).



Financial statements for Q3 2019 to Q2 2020 reveal trends in key financial ratios. Liabilities on revenue decreased slightly overall, with significant quarterly fluctuations. Current assets on revenue also decreased, although with similar fluctuation patterns.  The ratio of retained earnings to revenue increased steadily.  SG&A expense ratio, however, displayed significant fluctuation, with sharp drops and increases.  Investment efficiency, retained earnings on assets, and earnings per share all showed decreasing trends, although earnings per share exhibited substantial quarterly volatility.