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 7526500000.0 (%).Trend:Increase 0% than previous quarter
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

Overall: decreasing (-48.03%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 6849900000.0 (%).Trend:Increase 0% than previous quarter
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

Overall: increasing (35.46%). 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 6858600000.0 (%).Trend:Increase 0% than previous quarter
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

Overall: increasing (19.29%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 559000000.0 (%).Trend:Increase 0% than previous quarter
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

Overall: decreasing (-36.85%). 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 18.41 (%).Trend:Increase 0% than previous quarter
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

Overall: increasing (23.63%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements for Q2 2019 to Q1 2020 depict a complex financial situation.  Liabilities on revenue show a significant decrease, indicating improved debt management. Current assets on revenue experienced growth, showcasing increased liquidity.  Cost efficiency demonstrates a generally positive trend in the ratio of retained earnings to revenue.  However, the Selling, General, and Administrative (SG&A) expense ratio shows a substantial decrease in Q1 2020, suggesting changes in operational costs.  Investment efficiency exhibits a generally positive trend as well.  The overall analysis points toward positive financial changes, but requires further scrutiny into the reasons behind the SG&A decrease.