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 90400000000.0 (%).Trend:Decrease 11.0% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 128620000000.0 (%).Trend:Increase 42.28% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 105460000000.0 (%).Trend:Decrease 18.01% than previous quarter

Overall: increasing (16.66%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 169360000000.0 (%).Trend:Decrease 15.8% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 186980000000.0 (%).Trend:Increase 10.4% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 171410000000.0 (%).Trend:Decrease 8.33% than previous quarter

Overall: increasing (1.21%). Fluctuation: **Little** (low 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 188350000000.0 (%).Trend:Decrease 12.01% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 198110000000.0 (%).Trend:Increase 5.18% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 203280000000.0 (%).Trend:Increase 2.61% than previous quarter

Overall: increasing (7.93%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38000000000.0 (%).Trend:Increase 46.21% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11130000000.0 (%).Trend:Decrease 70.71% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23050000000.0 (%).Trend:Increase 107.1% than previous quarter

Overall: decreasing (-39.34%). 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 51.54 (%).Trend:Decrease 2.7% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 50.74 (%).Trend:Decrease 1.55% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 54.37 (%).Trend:Increase 7.15% than previous quarter

Overall: increasing (5.49%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q3 2019 to Q2 2020 reveals an increasing trend in liabilities on revenue (16.66%) with moderate variation, and a slight increase in current assets on revenue (1.21%) with low variation. Cost efficiency demonstrates a rising trend in the ratio of retained earnings to revenue (7.93%) with low variation, and a decreasing trend in SG&A expense ratio (-39.34%) with high variation. Investment efficiency indicates a slight increase in retained earnings on assets (5.49%) with low variation.