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 3100600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 3158500000.0 (%).Trend:Increase 1.87% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 3824300000.0 (%).Trend:Increase 21.08% than previous quarter

Overall: increasing (23.34%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 7594600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 11740400000.0 (%).Trend:Increase 54.59% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 9171200000.0 (%).Trend:Decrease 21.88% than previous quarter

Overall: increasing (20.76%). 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 -52732600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -54189300000.0 (%).Trend:Increase 2.76% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -57972700000.0 (%).Trend:Increase 6.98% than previous quarter

Overall: decreasing (9.94%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4556800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7236000000.0 (%).Trend:Increase 58.8% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2800300000.0 (%).Trend:Decrease 61.3% than previous quarter

Overall: decreasing (-38.55%). 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 -395.2 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -303.95 (%).Trend:Decrease 23.09% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -376.84 (%).Trend:Increase 23.98% than previous quarter

Overall: increasing (-4.65%). Fluctuation: **Significant** (high variation).

Earning Per Share


Between Q2 2019 and Q1 2020, liabilities on revenue increased 23.34% with moderate fluctuation, while current assets on revenue increased 20.76% with moderate fluctuation. Cost efficiency metrics showed a significant decrease of 9.94% in retained earnings to revenue and a significant decrease of 38.55% in the SG&A expense ratio. Retained earnings on assets increased -4.65% with significant fluctuation.