Working Capital Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 3: Liabilities on Revenue 133450000000.0 (%).Trend:Decrease 4.08% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 126000000000.0 (%).Trend:Decrease 5.58% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 152339100000.0 (%).Trend:Increase 20.9% than previous quarter

Overall: increasing (14.15%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 219870000000.0 (%).Trend:Increase 3.37% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 207980000000.0 (%).Trend:Decrease 5.41% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 213704800000.0 (%).Trend:Increase 2.75% than previous quarter

Overall: decreasing (-2.8%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 140979300000.0 (%).Trend:Increase 10.04% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 154693900000.0 (%).Trend:Increase 9.73% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 160394400000.0 (%).Trend:Increase 3.69% than previous quarter

Overall: increasing (13.77%). Fluctuation: **Little** (low variation).

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

Invest Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 3: Retained Earning on Assets 29.02 (%).Trend:Increase 8.65% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 31.61 (%).Trend:Increase 8.92% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 32.14 (%).Trend:Increase 1.68% than previous quarter

Overall: increasing (10.75%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q3 2019 to Q2 2020 shows a slight increase in liabilities on revenue (14.15%), but a decrease in current assets on revenue (-2.8%). Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a substantial increase (13.77%). Invest efficiency, as represented by retained earnings on assets, reveals a consistent upward trend (10.75%), with minor fluctuations.