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 1769100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 1809800000.0 (%).Trend:Increase 2.3% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 1900200000.0 (%).Trend:Increase 5.0% than previous quarter

Overall: increasing (7.41%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 3412000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 2584200000.0 (%).Trend:Decrease 24.26% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1595900000.0 (%).Trend:Decrease 38.24% than previous quarter

Overall: decreasing (-53.23%). Fluctuation: **Significant** (high 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 -44255200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -45117100000.0 (%).Trend:Increase 1.95% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -46723900000.0 (%).Trend:Increase 3.56% than previous quarter

Overall: decreasing (5.58%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 427400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 670500000.0 (%).Trend:Increase 56.88% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 278300000.0 (%).Trend:Decrease 58.49% than previous quarter

Overall: decreasing (-34.89%). 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 -426.38 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -472.59 (%).Trend:Increase 10.84% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -555.17 (%).Trend:Increase 17.47% than previous quarter

Overall: decreasing (30.21%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q2 2019 to Q1 2020 show a mixed picture of working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue are increasing steadily, with little fluctuation. Current assets on revenue, however, are decreasing significantly. Cost efficiency, as measured by the ratio of retained earnings to revenue, and SG&A expense ratio, are also decreasing, though with significant fluctuation. Retained earnings on assets are decreasing substantially with significant fluctuation. Overall, the company's financial performance in this period displays a trend of decline in terms of working capital and cost efficiency, while investment efficiency shows a substantial decrease.