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 15999800000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 19728100000.0 (%).Trend:Increase 23.3% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 19054500000.0 (%).Trend:Decrease 3.41% than previous quarter

Overall: increasing (19.09%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 32631500000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 34371400000.0 (%).Trend:Increase 5.33% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 34155400000.0 (%).Trend:Decrease 0.63% than previous quarter

Overall: increasing (4.67%). 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 -12054400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue -15113400000.0 (%).Trend:Increase 25.38% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -17084500000.0 (%).Trend:Increase 13.04% than previous quarter

Overall: decreasing (41.73%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 -29.01 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets -35.39 (%).Trend:Increase 21.99% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -41.65 (%).Trend:Increase 17.69% than previous quarter

Overall: decreasing (43.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share -1.01 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share -1.41 (USD).Trend:Increase 39.6% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.51 (USD).Trend:Decrease 63.83% than previous quarter

Overall: increasing (-49.5%). Fluctuation: **Significant** (high variation).



Financial analysis for Q2 2019 to Q1 2020 reveals a complex picture.  Liabilities on revenue and current assets on revenue both show minor increases, whereas the ratio of retained earnings to revenue decreases significantly with large variations. Investment efficiency and earnings per share also have notable, variable declines. The analysis highlights significant decreases in profit margins and potentially unsustainable investment strategies.