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 841600000000.0 (%).Trend:Increase 3.2% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 1017700000000.0 (%).Trend:Increase 20.92% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 972700000000.0 (%).Trend:Decrease 4.42% than previous quarter

Overall: increasing (15.58%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 1083600000000.0 (%).Trend:Increase 6.66% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 1312800000000.0 (%).Trend:Increase 21.15% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 1317900000000.0 (%).Trend:Increase 0.39% than previous quarter

Overall: increasing (21.62%). 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 964900000000.0 (%).Trend:Increase 5.8% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 901100000000.0 (%).Trend:Decrease 6.61% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 965200000000.0 (%).Trend:Increase 7.11% than previous quarter

Overall: increasing (0.03%). 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 23.79 (%).Trend:Increase 3.26% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 20.86 (%).Trend:Decrease 12.32% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 22.2 (%).Trend:Increase 6.42% than previous quarter

Overall: decreasing (-6.68%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 15.0 (USD).Trend:Increase 50.0% than previous quarter
Year 2020 Quarter 1: Earning Per Share 5.0 (USD).Trend:Decrease 66.67% than previous quarter
Year 2020 Quarter 2: Earning Per Share 11.0 (USD).Trend:Increase 120.0% than previous quarter

Overall: decreasing (-26.67%). Fluctuation: **Significant** (high variation).



Financial analysis from Q3 2019 to Q2 2020 indicates mixed trends. Liabilities and current assets on revenue saw increases. However, the ratio of retained earnings to revenue fluctuated slightly and investment efficiency decreased. Earnings per share had significant, negative variations.  Overall, profitability remained a challenge despite some growth areas.