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 6155700000.0 (%).Trend:Decrease 18.21% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 3911600000.0 (%).Trend:Decrease 36.46% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 3310700000.0 (%).Trend:Decrease 15.36% than previous quarter

Overall: decreasing (-46.22%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 7905400000.0 (%).Trend:Increase 15.41% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 9278700000.0 (%).Trend:Increase 17.37% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 9705300000.0 (%).Trend:Increase 4.6% than previous quarter

Overall: increasing (22.77%). 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 7951200000.0 (%).Trend:Increase 15.93% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 8181600000.0 (%).Trend:Increase 2.9% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 8786900000.0 (%).Trend:Increase 7.4% than previous quarter

Overall: increasing (10.51%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 828300000.0 (%).Trend:Increase 48.18% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 353000000.0 (%).Trend:Decrease 57.38% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 646000000.0 (%).Trend:Increase 83.0% than previous quarter

Overall: decreasing (-22.01%). 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 21.37 (%).Trend:Increase 16.08% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 22.76 (%).Trend:Increase 6.5% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 24.46 (%).Trend:Increase 7.47% than previous quarter

Overall: increasing (14.46%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows decreasing liabilities on revenue (-46.22%) with significant fluctuation. Current assets on revenue are increasing (22.77%) with neutral fluctuation. Cost efficiency shows increasing retained earnings to revenue (10.51%) with little fluctuation. SG&A expense ratio is decreasing (-22.01%) with significant fluctuation. Investment efficiency demonstrates increasing retained earnings on assets (14.46%) with little fluctuation.  Overall, the financial statements suggest improving cost and investment efficiency, while working capital is being managed more effectively, but with some volatility.