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 49104400000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 51041400000.0 (%).Trend:Increase 3.94% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 48573300000.0 (%).Trend:Decrease 4.84% than previous quarter

Overall: decreasing (-1.08%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 119519300000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 116719700000.0 (%).Trend:Decrease 2.34% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 115190600000.0 (%).Trend:Decrease 1.31% than previous quarter

Overall: decreasing (-3.62%). 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 213867900000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 211315600000.0 (%).Trend:Decrease 1.19% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 148037300000.0 (%).Trend:Decrease 29.94% than previous quarter

Overall: decreasing (-30.78%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 10091900000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15517400000.0 (%).Trend:Increase 53.76% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5574100000.0 (%).Trend:Decrease 64.08% than previous quarter

Overall: decreasing (-44.77%). 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 72.78 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 73.23 (%).Trend:Increase 0.62% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 68.37 (%).Trend:Decrease 6.64% than previous quarter

Overall: decreasing (-6.06%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis for Q2 2019 to Q1 2020 shows a slight decrease in liabilities on revenue, along with decreasing current assets. Cost efficiency shows a substantial decrease in the ratio of retained earnings to revenue and a significant decrease in SG&A expense ratio. Investment efficiency indicates a small decrease in retained earnings on assets.  Without earnings per share data, a complete picture of financial performance cannot be determined.