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 1992800000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 2013100000000.0 (%).Trend:Increase 1.02% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 2207800000000.0 (%).Trend:Increase 9.67% than previous quarter

Overall: increasing (10.79%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 1721200000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 1919800000000.0 (%).Trend:Increase 11.54% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 2426800000000.0 (%).Trend:Increase 26.41% than previous quarter

Overall: increasing (40.99%). 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 6075200000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 6151400000000.0 (%).Trend:Increase 1.25% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 6192000000000.0 (%).Trend:Increase 0.66% than previous quarter

Overall: increasing (1.92%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1150400000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1814300000000.0 (%).Trend:Increase 57.71% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 583000000000.0 (%).Trend:Decrease 67.87% than previous quarter

Overall: decreasing (-49.32%). 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 80.91 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 79.43 (%).Trend:Decrease 1.83% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 72.79 (%).Trend:Decrease 8.36% than previous quarter

Overall: decreasing (-10.04%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 2.46 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 3.96 (USD).Trend:Increase 60.98% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.96 (USD).Trend:Decrease 75.76% than previous quarter

Overall: decreasing (-60.98%). Fluctuation: **Significant** (high variation).



Financial analysis of Q2 2019 to Q1 2020 shows a mixed financial health. Liabilities on revenue are incrementally increasing with a low degree of fluctuation.  Current assets on revenue are also consistently increasing, although with a more moderate variation. Cost efficiency (retained earnings/revenue) is growing gradually. However, the selling, general, and administrative (SG&A) expense ratio is significantly fluctuating, demonstrating a notable decrease.  Investment efficiency (retained earnings on assets) shows a downward trend with minimal variance. Earnings per share are experiencing a significant downturn, marked by a high degree of volatility. Further examination of the factors contributing to the substantial changes in the SG&A and earnings per share is essential.