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 496334300.0 (%).Trend:Decrease 1.01% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 869229200.0 (%).Trend:Increase 75.13% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1913419400.0 (%).Trend:Increase 120.13% than previous quarter

Overall: increasing (285.51%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 3610016300.0 (%).Trend:Increase 4.24% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 4457375000.0 (%).Trend:Increase 23.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 4449352400.0 (%).Trend:Decrease 0.18% than previous quarter

Overall: increasing (23.25%). Fluctuation: **Neutral** (moderate 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 -4715101600.0 (%).Trend:Decrease 2.86% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -4810349500.0 (%).Trend:Increase 2.02% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -4836555700.0 (%).Trend:Increase 0.54% than previous quarter

Overall: decreasing (2.58%). Fluctuation: **Significant** (high 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 -113.73 (%).Trend:Decrease 6.21% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -96.09 (%).Trend:Decrease 15.51% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -96.62 (%).Trend:Increase 0.55% than previous quarter

Overall: increasing (-15.04%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing Q3 2019 to Q2 2020, liabilities on revenue increased drastically (285.51%) with high volatility. Current assets on revenue also increased (23.25%) with moderate fluctuation. Cost efficiency, as measured by retained earnings to revenue, decreased (2.58%) significantly, with high variance. Investment efficiency, represented by retained earnings on assets, decreased overall (-15.04%) with substantial volatility.