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 9476800000.0 (%).Trend:Increase 131.75% than previous quarter
Year 2020 Quarter 1: Liabilities on Revenue 7245500000.0 (%).Trend:Decrease 23.54% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 6387400000.0 (%).Trend:Decrease 11.84% than previous quarter

Overall: decreasing (-32.6%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2019 Quarter 3: Current assets on Revenue 7508800000.0 (%).Trend:Decrease 3.89% than previous quarter
Year 2020 Quarter 1: Current assets on Revenue 5910500000.0 (%).Trend:Decrease 21.29% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 5152900000.0 (%).Trend:Decrease 12.82% than previous quarter

Overall: decreasing (-31.38%). 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 8216800000.0 (%).Trend:Decrease 6.94% than previous quarter
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 8466700000.0 (%).Trend:Increase 3.04% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 8239500000.0 (%).Trend:Decrease 2.68% than previous quarter

Overall: increasing (0.28%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2143100000.0 (%).Trend:Increase 48.93% than previous quarter
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 650500000.0 (%).Trend:Decrease 69.65% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1061400000.0 (%).Trend:Increase 63.17% than previous quarter

Overall: decreasing (-50.47%). 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 42.13 (%).Trend:Decrease 3.66% than previous quarter
Year 2020 Quarter 1: Retained Earning on Assets 48.46 (%).Trend:Increase 15.02% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 49.9 (%).Trend:Increase 2.97% than previous quarter

Overall: increasing (18.44%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q3 2019 to Q2 2020 show a decreasing trend in liabilities and current assets on revenue, with moderate variation. Cost efficiency reveals an overall decrease in SG&A expense ratio, while significant fluctuations were observed. Invest efficiency demonstrates an increase in retained earnings on assets with little fluctuation.  A crucial point is the substantial decrease in SG&A expense ratios, though there are significant fluctuations.