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 52194200000.0 (%).Trend:Increase 5.45% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 50491400000.0 (%).Trend:Decrease 3.26% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 53807600000.0 (%).Trend:Increase 6.57% than previous quarter

Overall: increasing (3.09%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 56582700000.0 (%).Trend:Decrease 0.64% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 83182000000.0 (%).Trend:Increase 47.01% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 84947200000.0 (%).Trend:Increase 2.12% than previous quarter

Overall: increasing (50.13%). Fluctuation: **Neutral** (moderate 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 98501500000.0 (%).Trend:Increase 0.32% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 90098800000.0 (%).Trend:Decrease 8.53% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 91656500000.0 (%).Trend:Increase 1.73% than previous quarter

Overall: decreasing (-6.95%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 119792600000.0 (%).Trend:Increase 43.37% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 52203500000.0 (%).Trend:Decrease 56.42% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 91893900000.0 (%).Trend:Increase 76.03% than previous quarter

Overall: decreasing (-23.29%). 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 30.69 (%).Trend:Increase 0.66% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 26.4 (%).Trend:Decrease 13.98% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 26.97 (%).Trend:Increase 2.16% than previous quarter

Overall: decreasing (-12.12%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 3: Earning Per Share 0.77 (USD).Trend:Increase 37.5% than previous quarter
Year 2020 Quarter 1: Earning Per Share -0.03 (USD).Trend:Decrease 103.9% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.25 (USD).Trend:Decrease 933.33% than previous quarter

Overall: decreasing (-67.53%). Fluctuation: **Significant** (high variation).



Analysis of financial statements from Q3 2019 to Q2 2020 shows mixed performance trends. Working capital efficiency, measured by liabilities and current assets on revenue, demonstrates a slight upward trend with moderate variation. Cost efficiency, indicated by the ratio of retained earnings to revenue, indicates a clear decrease. SG&A expenses show significant fluctuations. Invest efficiency and earnings per share reveal a downward trend with substantial variation.