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


The financial statements show a mixed picture of performance.  Working capital efficiency is trending upward with little variation.  Cost efficiency shows a notable decrease in SG&A expenses, contrasting with a consistent rise in the ratio of retained earnings to revenue. Investment efficiency is also trending upward, although with a lesser degree of fluctuation.  These indicators point to potential cost-cutting strategies and improved profitability, but significant volatility in SG&A warrants further investigation.