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 12356500000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 12071600000.0 (%).Trend:Decrease 2.31% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 10748100000.0 (%).Trend:Decrease 10.96% than previous quarter

Overall: decreasing (-13.02%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 25212300000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 23548000000.0 (%).Trend:Decrease 6.6% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 20716900000.0 (%).Trend:Decrease 12.02% than previous quarter

Overall: decreasing (-17.83%). 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 12821100000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 13127500000.0 (%).Trend:Increase 2.39% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 15565900000.0 (%).Trend:Increase 18.57% than previous quarter

Overall: increasing (21.41%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4477200000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 6703600000.0 (%).Trend:Increase 49.73% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2132500000.0 (%).Trend:Decrease 68.19% than previous quarter

Overall: decreasing (-52.37%). 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 30.76 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 33.13 (%).Trend:Increase 7.7% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 39.0 (%).Trend:Increase 17.72% than previous quarter

Overall: increasing (26.79%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2019 Quarter 2: Earning Per Share 1.27 (USD).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Earning Per Share 1.57 (USD).Trend:Increase 23.62% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.18 (USD).Trend:Decrease 111.46% than previous quarter

Overall: decreasing (-114.17%). Fluctuation: **Significant** (high variation).



Analysis of Q2 2019 to Q1 2020 shows mixed results.  Liabilities and current assets on revenue are both decreasing slightly, showing a stable trend. The retained earnings to revenue ratio is consistently increasing, indicating improved cost efficiency.  The SG&A expense ratio shows substantial fluctuations, declining significantly in Q1 2020 after significant growth in Q3 2019.  Investment efficiency, as measured by retained earnings on assets, is steadily rising.  However, earnings per share show significant volatility, declining significantly in Q1 2020.