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 52705000000.0 (%).Trend:Increase 28.6% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 57773200000.0 (%).Trend:Increase 9.62% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 59962500000.0 (%).Trend:Increase 3.79% than previous quarter

Overall: increasing (13.77%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 72658200000.0 (%).Trend:Increase 30.38% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 75040200000.0 (%).Trend:Increase 3.28% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 87844300000.0 (%).Trend:Increase 17.06% than previous quarter

Overall: increasing (20.9%). 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 30574500000.0 (%).Trend:Increase 7.18% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 33830500000.0 (%).Trend:Increase 10.65% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 38204200000.0 (%).Trend:Increase 12.93% than previous quarter

Overall: increasing (24.95%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16341100000.0 (%).Trend:Increase 107.1% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25341700000.0 (%).Trend:Increase 55.08% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 9292400000.0 (%).Trend:Decrease 63.33% than previous quarter

Overall: decreasing (-43.13%). 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 21.16 (%).Trend:Decrease 19.88% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 23.05 (%).Trend:Increase 8.93% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 23.61 (%).Trend:Increase 2.43% than previous quarter

Overall: increasing (11.58%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows increasing liabilities and current assets on revenue, with little fluctuation.  Cost efficiency reveals a significant decrease in SG&A expense ratio, while the ratio of retained earnings to revenue is increasing with moderate variation. Invest efficiency demonstrates an increase in retained earning on assets with minimal fluctuation.  These findings suggest improving operational efficiency and cost management, but with notable volatility in SG&A expenses.