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 8807400000.0 (%).Trend:Increase 2.21% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 7761200000.0 (%).Trend:Decrease 11.88% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 10805500000.0 (%).Trend:Increase 39.22% than previous quarter

Overall: increasing (22.69%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 45374000000.0 (%).Trend:Increase 0.53% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 57589500000.0 (%).Trend:Increase 26.92% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 59019900000.0 (%).Trend:Increase 2.48% than previous quarter

Overall: increasing (30.07%). 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 5774900000.0 (%).Trend:Increase 20.73% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 4578900000.0 (%).Trend:Decrease 20.71% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 3697400000.0 (%).Trend:Decrease 19.25% than previous quarter

Overall: decreasing (-35.97%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7445300000.0 (%).Trend:Decrease 62.41% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 13430700000.0 (%).Trend:Increase 80.39% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 21046500000.0 (%).Trend:Increase 56.7% than previous quarter

Overall: increasing (182.68%). 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 8.69 (%).Trend:Increase 11.55% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 5.87 (%).Trend:Decrease 32.45% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 4.56 (%).Trend:Decrease 22.32% than previous quarter

Overall: decreasing (-47.53%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.04 (USD).Trend:Decrease 96.43% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.3 (USD).Trend:Decrease 850.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.54 (USD).Trend:Increase 80.0% than previous quarter

Overall: decreasing (-1450.0%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2020 to Q3 2020 indicates a mixed picture. Working capital efficiency exhibits neutral fluctuations, with liabilities and current assets on revenue increasing. Cost efficiency shows a decrease in the ratio of retained earnings to revenue and a significant increase in SG&A expense ratio. Investment efficiency and earnings per share show significant decreasing trends.