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 194700000000.0 (%).Trend:Decrease 16.94% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 156400000000.0 (%).Trend:Decrease 19.67% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 142600000000.0 (%).Trend:Decrease 8.82% than previous quarter

Overall: decreasing (-26.76%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 427000000000.0 (%).Trend:Increase 25.66% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 311500000000.0 (%).Trend:Decrease 27.05% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 313600000000.0 (%).Trend:Increase 0.67% than previous quarter

Overall: decreasing (-26.56%). 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 102100000000.0 (%).Trend:Decrease 73.38% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 62500000000.0 (%).Trend:Decrease 38.79% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 30400000000.0 (%).Trend:Decrease 51.36% than previous quarter

Overall: decreasing (-70.23%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 4.93 (%).Trend:Decrease 72.19% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 3.2 (%).Trend:Decrease 35.09% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 1.6 (%).Trend:Decrease 50.0% than previous quarter

Overall: decreasing (-67.55%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -8.0 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -9.0 (USD).Trend:Increase 12.5% than previous quarter
Year 2020 Quarter 3: Earning Per Share -9.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (12.5%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 to Q3 2020 reveals decreasing trends in working capital efficiency, with moderate fluctuation for liabilities and current assets on revenue. Cost efficiency exhibits a substantial decline in retained earnings to revenue ratio, with substantial volatility.  Investment efficiency displays consistent decline in retained earnings on assets and high volatility.  Earnings per share demonstrate a consistent negative trend.