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 19054500000.0 (%).Trend:Decrease 3.41% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 20010300000.0 (%).Trend:Increase 5.02% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 21175200000.0 (%).Trend:Increase 5.82% than previous quarter

Overall: increasing (11.13%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 34155400000.0 (%).Trend:Decrease 0.63% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 32768200000.0 (%).Trend:Decrease 4.06% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 32939700000.0 (%).Trend:Increase 0.52% than previous quarter

Overall: decreasing (-3.56%). Fluctuation: **Little** (low 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 -17084500000.0 (%).Trend:Increase 13.04% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -20010100000.0 (%).Trend:Increase 17.12% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -21756000000.0 (%).Trend:Increase 8.73% than previous quarter

Overall: decreasing (27.34%). 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 -41.65 (%).Trend:Increase 17.69% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -51.31 (%).Trend:Increase 23.19% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -55.94 (%).Trend:Increase 9.02% than previous quarter

Overall: decreasing (34.31%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.51 (USD).Trend:Decrease 63.83% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 74.51% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.11 (USD).Trend:Increase 24.72% than previous quarter

Overall: decreasing (117.65%). Fluctuation: **Significant** (high variation).



Financial data from Q1 to Q3 2020 indicate several areas of concern.  Liabilities are increasing, while current assets are decreasing, although both show little variation.  The ratio of retained earnings to revenue is decreasing significantly.  Retained earnings on assets are also experiencing a notable downward trend.  Earnings per share are declining erratically. The overall financial picture points to a weakening financial position.