Working Capital Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 1: Liabilities on Revenue 295979300000.0 (%).Trend:Decrease 12.94% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 258385500000.0 (%).Trend:Decrease 12.7% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 233426600000.0 (%).Trend:Decrease 9.66% than previous quarter

Overall: decreasing (-21.13%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 169633500000.0 (%).Trend:Increase 101.29% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 275066800000.0 (%).Trend:Increase 62.15% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 265249900000.0 (%).Trend:Decrease 3.57% than previous quarter

Overall: increasing (56.37%). Fluctuation: **Neutral** (moderate variation).


Cost Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 1: Ratio of Retained Earnings to Revenue 195001900000.0 (%).Trend:Decrease 47.41% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 123477600000.0 (%).Trend:Decrease 36.68% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 55741000000.0 (%).Trend:Decrease 54.86% than previous quarter

Overall: decreasing (-71.42%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 27068900000.0 (%).Trend:Decrease 63.67% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 40212500000.0 (%).Trend:Increase 48.56% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 55878100000.0 (%).Trend:Increase 38.96% than previous quarter

Overall: increasing (106.43%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 1 in 2020 to Quater 3 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 1: Retained Earning on Assets 11.85 (%).Trend:Decrease 49.05% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.04 (%).Trend:Decrease 40.59% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 3.2 (%).Trend:Decrease 54.55% than previous quarter

Overall: decreasing (-73.0%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -8.8 (USD).Trend:Decrease 334.67% than previous quarter
Year 2020 Quarter 2: Earning Per Share -11.46 (USD).Trend:Increase 30.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share -13.55 (USD).Trend:Increase 18.24% than previous quarter

Overall: decreasing (53.98%). Fluctuation: **Significant** (high variation).



From Q1 2020 to Q3 2020, Liabilities on Revenue decreased by 21.13% with moderate variation. Current assets on revenue increased by 56.37% with moderate variation.  Ratio of Retained Earnings to Revenue significantly decreased (-71.42%), while the SG&A Expense Ratio increased significantly (106.43%). Retained Earning on Assets decreased significantly (-73%). Earning Per Share also decreased significantly (-53.98%), showing high fluctuation.