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 39541800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 43354800000.0 (%).Trend:Increase 9.64% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 11950800000.0 (%).Trend:Decrease 72.43% than previous quarter

Overall: decreasing (-69.78%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 23320500000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 28043600000.0 (%).Trend:Increase 20.25% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 35940500000.0 (%).Trend:Increase 28.16% than previous quarter

Overall: increasing (54.12%). 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 20988200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 22353600000.0 (%).Trend:Increase 6.51% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 19554100000.0 (%).Trend:Decrease 12.52% than previous quarter

Overall: decreasing (-6.83%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10328600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15140900000.0 (%).Trend:Increase 46.59% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4344600000.0 (%).Trend:Decrease 71.31% than previous quarter

Overall: decreasing (-57.94%). 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 18.83 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 19.24 (%).Trend:Increase 2.18% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 16.43 (%).Trend:Decrease 14.6% than previous quarter

Overall: decreasing (-12.75%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.63 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.25 (USD).Trend:Increase 98.41% than previous quarter
Year 2020 Quarter 1: Earning Per Share -1.94 (USD).Trend:Decrease 255.2% than previous quarter

Overall: decreasing (-407.94%). Fluctuation: **Significant** (high variation).



2019-2020 financial data shows significant fluctuations. Liabilities on revenue decreased considerably in Q1 2020, indicating changes in financial obligations. Current assets on revenue increased steadily, while cost efficiency (ratio of retained earnings to revenue) showed a small decrease.  Selling, general, and administrative (SG&A) expense ratios decreased dramatically in Q1 2020, suggesting cost-cutting measures. Earnings per share decreased sharply. Overall, the data suggest a need for deeper analysis of the drivers behind the significant fluctuations.