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 1142300000.0 (%).Trend:Decrease 4.16% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 1706600000.0 (%).Trend:Increase 49.4% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1659100000.0 (%).Trend:Decrease 2.78% than previous quarter

Overall: increasing (45.24%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 3585400000.0 (%).Trend:Increase 0.1% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 3587400000.0 (%).Trend:Increase 0.06% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 3388400000.0 (%).Trend:Decrease 5.55% than previous quarter

Overall: decreasing (-5.49%). Fluctuation: **Little** (low 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 -38414900000.0 (%).Trend:Increase 0.6% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue -39400400000.0 (%).Trend:Increase 2.57% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -40055600000.0 (%).Trend:Increase 1.66% than previous quarter

Overall: decreasing (4.27%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1572800000.0 (%).Trend:Increase 51.3% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 519300000.0 (%).Trend:Decrease 66.98% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1034900000.0 (%).Trend:Increase 99.29% than previous quarter

Overall: decreasing (-34.2%). Fluctuation: **Significant** (high variation).


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 -567.71 (%).Trend:Increase 2.99% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets -556.95 (%).Trend:Decrease 1.9% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -580.75 (%).Trend:Increase 4.27% than previous quarter

Overall: decreasing (2.3%). Fluctuation: **Significant** (high variation).

Earning Per Share


From Q3 2019 to Q2 2020, Liabilities on Revenue increased significantly (45.24%), while Current assets on Revenue decreased (-5.49%).  Cost efficiency analysis shows a decrease of 4.27% in the Ratio of Retained Earnings to Revenue and a decrease of -34.2% in the SG&A Expense Ratio; both metrics showed significant fluctuation.  Invest efficiency indicates a decrease of 2.3% in Retained Earning on Assets with significant variation.