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 454800000.0 (%).Trend:Increase 74.86% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 419000000.0 (%).Trend:Decrease 7.87% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 310800000.0 (%).Trend:Decrease 25.82% than previous quarter

Overall: decreasing (-31.66%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 1122600000.0 (%).Trend:Decrease 29.34% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 633500000.0 (%).Trend:Decrease 43.57% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 823300000.0 (%).Trend:Increase 29.96% than previous quarter

Overall: decreasing (-26.66%). Fluctuation: **Significant** (high 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 -52211100000.0 (%).Trend:Increase 5.64% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -52690400000.0 (%).Trend:Increase 0.92% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -53139700000.0 (%).Trend:Increase 0.85% than previous quarter

Overall: decreasing (1.78%). 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 -704.88 (%).Trend:Increase 4.85% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -742.83 (%).Trend:Increase 5.38% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -724.23 (%).Trend:Decrease 2.5% than previous quarter

Overall: decreasing (2.75%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2020 to Q3 2020 shows a slightly declining trend in liabilities on revenue, but with a considerable fluctuation during the period. Current assets on revenue also decreased significantly. Cost efficiency, measured by the ratio of retained earnings to revenue, exhibits a slight downward trend with fluctuations. Invest efficiency shows a downward trend in retained earnings on assets with some variation. Overall, financial performance from Q1 to Q3 2020 shows some instability in working capital and cost efficiency, but the overall trends do not indicate major concerns.