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 6976100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 8616700000.0 (%).Trend:Increase 23.52% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 8807400000.0 (%).Trend:Increase 2.21% than previous quarter

Overall: increasing (26.25%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 43460400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 45133400000.0 (%).Trend:Increase 3.85% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 45374000000.0 (%).Trend:Increase 0.53% than previous quarter

Overall: increasing (4.4%). 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 3635000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 4783300000.0 (%).Trend:Increase 31.59% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 5774900000.0 (%).Trend:Increase 20.73% than previous quarter

Overall: increasing (58.87%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12875600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 19804500000.0 (%).Trend:Increase 53.81% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7445300000.0 (%).Trend:Decrease 62.41% than previous quarter

Overall: decreasing (-42.18%). 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 6.21 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 7.79 (%).Trend:Increase 25.44% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 8.69 (%).Trend:Increase 11.55% than previous quarter

Overall: increasing (39.94%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.79 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.12 (USD).Trend:Increase 41.77% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 96.43% than previous quarter

Overall: decreasing (-94.94%). Fluctuation: **Significant** (high variation).



Financial data from Q2 2019 to Q1 2020 reveals a mixed performance. Working capital efficiency demonstrates an increase in liabilities and current assets on revenue, albeit with neutral fluctuations. Cost efficiency shows an increase in the ratio of retained earnings to revenue but a significant decrease in the SG&A expense ratio. Investment efficiency indicates an increase in retained earnings on assets. Earnings per share show a significant decrease.