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 117116800000.0 (%).Trend:Decrease 4.09% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 97187400000.0 (%).Trend:Decrease 17.02% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 86424000000.0 (%).Trend:Decrease 11.07% than previous quarter

Overall: decreasing (-26.21%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 72950000000.0 (%).Trend:Increase 2.31% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 112002100000.0 (%).Trend:Increase 53.53% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 84227700000.0 (%).Trend:Decrease 24.8% than previous quarter

Overall: increasing (15.46%). 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 131961500000.0 (%).Trend:Decrease 39.98% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 49860900000.0 (%).Trend:Decrease 62.22% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 3530500000.0 (%).Trend:Decrease 92.92% than previous quarter

Overall: decreasing (-97.32%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 8.19 (%).Trend:Decrease 35.46% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 3.43 (%).Trend:Decrease 58.12% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 0.26 (%).Trend:Decrease 92.42% than previous quarter

Overall: decreasing (-96.83%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial analysis from Q3 2019 to Q2 2020 shows a concerning pattern of decreasing performance. Liabilities on revenue are steadily decreasing, while current assets on revenue exhibit an inconsistent but overall positive trend. Cost efficiency, as measured by the ratio of retained earnings to revenue, is declining dramatically, with large negative values and high variability. Investment efficiency is also declining significantly, with considerable fluctuation. This indicates potential issues with profitability and operational efficiency.