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 35960200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 28752700000.0 (%).Trend:Decrease 20.04% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 31176300000.0 (%).Trend:Increase 8.43% than previous quarter

Overall: decreasing (-13.3%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 79889300000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 77262700000.0 (%).Trend:Decrease 3.29% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 104877200000.0 (%).Trend:Increase 35.74% than previous quarter

Overall: increasing (31.28%). 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 34230800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 39731700000.0 (%).Trend:Increase 16.07% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 41145000000.0 (%).Trend:Increase 3.56% than previous quarter

Overall: increasing (20.2%). Fluctuation: **Little** (low 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 20.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.26 (%).Trend:Increase 16.24% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 21.13 (%).Trend:Decrease 12.9% than previous quarter

Overall: increasing (1.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.05 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.56 (USD).Trend:Increase 48.57% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.43 (USD).Trend:Decrease 72.44% than previous quarter

Overall: decreasing (-59.05%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2019 to Q1 2020 shows mixed results.  Liabilities on revenue decreased slightly while current assets on revenue showed considerable growth, indicating potential improvements in working capital management.  Cost efficiency, as measured by the ratio of retained earnings to revenue, increased steadily.  Investment efficiency, as measured by retained earnings on assets, also demonstrated an upward trend, though with a substantial decline in Q1 2020.  Earnings per share experienced a significant decrease in Q1 2020, dropping sharply compared to previous periods.