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 1260200000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 1202000000000.0 (%).Trend:Decrease 4.62% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 1731700000000.0 (%).Trend:Increase 44.07% than previous quarter

Overall: increasing (37.41%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 1954800000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 1917800000000.0 (%).Trend:Decrease 1.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2614600000000.0 (%).Trend:Increase 36.33% than previous quarter

Overall: increasing (33.75%). 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 1849700000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 1865100000000.0 (%).Trend:Increase 0.83% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 1902600000000.0 (%).Trend:Increase 2.01% than previous quarter

Overall: increasing (2.86%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 126100000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 183900000000.0 (%).Trend:Increase 45.84% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 66400000000.0 (%).Trend:Decrease 63.89% than previous quarter

Overall: decreasing (-47.34%). 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 43.4 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 44.62 (%).Trend:Increase 2.81% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 39.31 (%).Trend:Decrease 11.9% than previous quarter

Overall: decreasing (-9.42%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 shows increasing trends in working capital efficiency, with liabilities and current assets on revenue both increasing. The ratio of retained earnings to revenue is also trending upward. However, the selling, general, and administrative (SG&A) expense ratio has a significant downward trend, decreasing by 47.34% overall.  Investment efficiency, as measured by retained earnings on assets, is declining by 9.42%. Overall, there's a mixed picture of growth and cost-cutting.