Working Capital Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 3: Liabilities on Revenue 48330000000.0 (%).Trend:Increase 62.95% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 62310000000.0 (%).Trend:Increase 28.93% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 72770000000.0 (%).Trend:Increase 16.79% than previous quarter

Overall: increasing (50.57%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 29610000000.0 (%).Trend:Decrease 25.47% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 27480000000.0 (%).Trend:Decrease 7.19% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 22300000000.0 (%).Trend:Decrease 18.85% than previous quarter

Overall: decreasing (-24.69%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 79950000000.0 (%).Trend:Increase 0.11% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 85320000000.0 (%).Trend:Increase 6.72% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 84130000000.0 (%).Trend:Decrease 1.39% than previous quarter

Overall: increasing (5.23%). Fluctuation: **Little** (low variation).

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

Invest Efficiency
The data from Quater 3 in 2019 to Quater 2 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 3: Retained Earning on Assets 15.15 (%).Trend:Decrease 1.81% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 15.18 (%).Trend:Increase 0.2% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.6 (%).Trend:Decrease 3.82% than previous quarter

Overall: decreasing (-3.63%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 2.63 (USD).Trend:Increase 29.56% than previous quarter
Year 2020 Quarter 1: Earning Per Share 1.28 (USD).Trend:Decrease 51.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.67 (USD).Trend:Increase 30.47% than previous quarter

Overall: decreasing (-36.5%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2019 to Q2 2020 shows liabilities on revenue increasing overall (+50.57%), but with some quarter-to-quarter fluctuations.  Current assets on revenue, conversely, decreased by 24.69%. The ratio of retained earnings to revenue trended upward (5.23%), while the fluctuations were minimal.  Retained earnings on assets exhibited a negative trend (-3.63%), and earnings per share saw a significant downturn (-36.5%). The analysis indicates areas of both growth and decline, necessitating further investigation into the contributing factors.