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 20310000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 22380000000.0 (%).Trend:Increase 10.19% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 27900000000.0 (%).Trend:Increase 24.66% than previous quarter

Overall: increasing (37.37%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 62290000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 67440000000.0 (%).Trend:Increase 8.27% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 77200000000.0 (%).Trend:Increase 14.47% than previous quarter

Overall: increasing (23.94%). 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 7400000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 10430000000.0 (%).Trend:Increase 40.95% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 15200000000.0 (%).Trend:Increase 45.73% than previous quarter

Overall: increasing (105.41%). 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 3.41 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 4.7 (%).Trend:Increase 37.83% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 5.8 (%).Trend:Increase 23.4% than previous quarter

Overall: increasing (70.09%). 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 1.91 (USD).Trend:Increase 91.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.65 (USD).Trend:Decrease 65.97% than previous quarter

Overall: decreasing (-35.0%). Fluctuation: **Significant** (high variation).



Financial performance from Q2 2019 to Q1 2020 reveals a positive trend in working capital efficiency, with both liabilities and current assets increasing.  Cost efficiency saw a considerable rise in retained earnings to revenue (105.41%).  Invest efficiency shows a strong, though fluctuating, growth in retained earnings on assets (70.09%). Earnings per share, however, declined significantly (-35%).  Fluctuations are generally significant, particularly in the cost and invest efficiency metrics.