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 22366900000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 25150100000.0 (%).Trend:Increase 12.44% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 24673700000.0 (%).Trend:Decrease 1.89% than previous quarter

Overall: increasing (10.31%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 18017800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 16779500000.0 (%).Trend:Decrease 6.87% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 19881500000.0 (%).Trend:Increase 18.49% than previous quarter

Overall: increasing (10.34%). Fluctuation: **Little** (low 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 131144600000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 136530300000.0 (%).Trend:Increase 4.11% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 147615100000.0 (%).Trend:Increase 8.12% than previous quarter

Overall: increasing (12.56%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 14558500000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 22242100000.0 (%).Trend:Increase 52.78% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7058300000.0 (%).Trend:Decrease 68.27% than previous quarter

Overall: decreasing (-51.52%). 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 119.87 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 110.77 (%).Trend:Decrease 7.59% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 115.54 (%).Trend:Increase 4.31% than previous quarter

Overall: decreasing (-3.61%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 5.98 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 9.68 (USD).Trend:Increase 61.87% than previous quarter
Year 2020 Quarter 1: Earning Per Share 3.5 (USD).Trend:Decrease 63.84% than previous quarter

Overall: decreasing (-41.47%). Fluctuation: **Significant** (high variation).



Financial analysis from Q2 2019 to Q1 2020 shows an inconsistent financial performance.  Liabilities and current assets on revenue show modest increases.  Cost efficiency, represented by the retained earnings to revenue ratio, steadily improved, with minimal fluctuation.  Selling, general, and administrative (SG&A) expenses decreased significantly, then increased again, demonstrating high volatility. Investment efficiency experienced a minor decline. Earnings per share fell substantially. The data suggests a company needing to manage costs and improve profitability.