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 92500000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 100100000000.0 (%).Trend:Increase 8.22% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 90000000000.0 (%).Trend:Decrease 10.09% than previous quarter

Overall: decreasing (-2.7%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 222800000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 224500000000.0 (%).Trend:Increase 0.76% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 195000000000.0 (%).Trend:Decrease 13.14% than previous quarter

Overall: decreasing (-12.48%). 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 268400000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 268000000000.0 (%).Trend:Decrease 0.15% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 271800000000.0 (%).Trend:Increase 1.42% than previous quarter

Overall: increasing (1.27%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 81900000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 126000000000.0 (%).Trend:Increase 53.85% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 41100000000.0 (%).Trend:Decrease 67.38% than previous quarter

Overall: decreasing (-49.82%). 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 24.86 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 24.63 (%).Trend:Decrease 0.93% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 24.95 (%).Trend:Increase 1.3% than previous quarter

Overall: increasing (0.36%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 0.96 (USD).Trend:Increase 18.52% than previous quarter
Year 2020 Quarter 1: Earning Per Share 0.6 (USD).Trend:Decrease 37.5% than previous quarter

Overall: decreasing (-25.93%). Fluctuation: **Neutral** (moderate variation).



Analyzing Q2 2019 to Q1 2020, liabilities on revenue showed a slight overall decrease. Current assets on revenue also declined. The ratio of retained earnings to revenue had a modest increase. SG&A expense ratio decreased significantly with high variation. Investment efficiency exhibited a slight increase in retained earnings on assets. Earnings per share also showed a modest decrease, with some variation.