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 3740500000.0 (%).Trend:Increase 29.12% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 3066200000.0 (%).Trend:Decrease 18.03% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 4184600000.0 (%).Trend:Increase 36.48% than previous quarter

Overall: increasing (11.87%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 16180500000.0 (%).Trend:Increase 9.68% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 16964100000.0 (%).Trend:Increase 4.84% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 17142900000.0 (%).Trend:Increase 1.05% than previous quarter

Overall: increasing (5.95%). 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 10656800000.0 (%).Trend:Increase 2.87% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 11731500000.0 (%).Trend:Increase 10.08% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 12989500000.0 (%).Trend:Increase 10.72% than previous quarter

Overall: increasing (21.89%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 895200000.0 (%).Trend:Increase 110.78% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1385200000.0 (%).Trend:Increase 54.74% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 794500000.0 (%).Trend:Decrease 42.64% than previous quarter

Overall: decreasing (-11.25%). 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 38.19 (%).Trend:Decrease 1.75% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 41.12 (%).Trend:Increase 7.67% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 37.19 (%).Trend:Decrease 9.56% than previous quarter

Overall: decreasing (-2.62%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows increasing liabilities on revenue (11.87%) with moderate fluctuations.  Current assets on revenue are also increasing (5.95%) with minimal variation. Cost efficiency shows a decreasing SG&A expense ratio (-11.25%) with significant fluctuations.  Retained earnings to revenue ratio is increasing (21.89%) with little fluctuation. Investment efficiency shows decreasing retained earnings on assets (-2.62%) with minimal variation.