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 127260000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 123510000000.0 (%).Trend:Decrease 2.95% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 118190000000.0 (%).Trend:Decrease 4.31% than previous quarter

Overall: decreasing (-7.13%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 152950000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 144800000000.0 (%).Trend:Decrease 5.33% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 175320000000.0 (%).Trend:Increase 21.08% than previous quarter

Overall: increasing (14.63%). 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 100930000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 105090000000.0 (%).Trend:Increase 4.12% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 111400000000.0 (%).Trend:Increase 6.0% than previous quarter

Overall: increasing (10.37%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 39170000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 59370000000.0 (%).Trend:Increase 51.57% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19470000000.0 (%).Trend:Decrease 67.21% than previous quarter

Overall: decreasing (-50.29%). 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 35.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 37.31 (%).Trend:Increase 4.01% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 36.3 (%).Trend:Decrease 2.71% than previous quarter

Overall: increasing (1.2%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 4.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 7.0 (USD).Trend:Increase 75.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.0 (USD).Trend:Decrease 85.71% than previous quarter

Overall: decreasing (-75.0%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2019 to Q1 2020 show a decreasing trend in liabilities on revenue (-7.13%) and increasing current assets on revenue (14.63%). The ratio of retained earnings to revenue increased steadily (10.37%).  However, the selling, general, and administrative (SG&A) expense ratio decreased significantly (-50.29%) with high quarterly volatility.  Invest efficiency shows a slight increase (1.2%) in retained earnings on assets with low variation. Earnings per share decreased substantially (-75.0%) with considerable quarterly fluctuation.