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 10868800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 11923600000.0 (%).Trend:Increase 9.7% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 11664800000.0 (%).Trend:Decrease 2.17% than previous quarter

Overall: increasing (7.32%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 21936400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 24106400000.0 (%).Trend:Increase 9.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 22753300000.0 (%).Trend:Decrease 5.61% than previous quarter

Overall: increasing (3.72%). 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 -72954900000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -74414000000.0 (%).Trend:Increase 2.0% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -86360700000.0 (%).Trend:Increase 16.05% than previous quarter

Overall: decreasing (18.38%). Fluctuation: **Significant** (high variation).

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

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 -46.63 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -47.64 (%).Trend:Increase 2.17% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -62.54 (%).Trend:Increase 31.28% than previous quarter

Overall: decreasing (34.12%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share -2.0 (USD).Trend:Increase 100.0% than previous quarter

Overall: decreasing (100.0%). Fluctuation: **Significant** (high variation).



Financial data for Q2 2019 to Q1 2020 shows slightly increasing trends in working capital efficiency (liabilities and current assets on revenue). Cost efficiency, however, is declining significantly, with significant fluctuation in the ratio of retained earnings to revenue.  Invest efficiency, as measured by retained earnings on assets, is also showing a substantial decrease with high variability. Earning per share also shows a consistent decline with significant volatility. The overall financial picture points to a declining profitability trend.