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 101570000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Liabilities on Revenue 90400000000.0 (%).Trend:Decrease 11.0% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 128620000000.0 (%).Trend:Increase 42.28% than previous quarter

Overall: increasing (26.63%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 2: Current assets on Revenue 201140000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Current assets on Revenue 169360000000.0 (%).Trend:Decrease 15.8% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 186980000000.0 (%).Trend:Increase 10.4% than previous quarter

Overall: decreasing (-7.04%). 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 214050000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Ratio of Retained Earnings to Revenue 188350000000.0 (%).Trend:Decrease 12.01% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 198110000000.0 (%).Trend:Increase 5.18% than previous quarter

Overall: decreasing (-7.45%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25990000000.0 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38000000000.0 (%).Trend:Increase 46.21% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11130000000.0 (%).Trend:Decrease 70.71% than previous quarter

Overall: decreasing (-57.18%). 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 52.97 (%).Trend:Increase 0% than previous quarter
Year 2019 Quarter 3: Retained Earning on Assets 51.54 (%).Trend:Decrease 2.7% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 50.74 (%).Trend:Decrease 1.55% than previous quarter

Overall: decreasing (-4.21%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial performance from Q2 2019 to Q1 2020 reveals an increasing trend in liabilities on revenue (26.63%), while current assets on revenue decreased (-7.04%) displaying little variation. Cost efficiency shows a decreasing trend in the ratio of retained earnings to revenue (-7.45%), and a substantial decrease in SG&A expense ratio (-57.18%) with a high degree of fluctuation.  Investment efficiency exhibits a downward trend in retained earnings on assets (-4.21%), with minimal fluctuation.