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 131202200000.0 (%).Trend:Increase 18.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 101729900000.0 (%).Trend:Decrease 22.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 105247600000.0 (%).Trend:Increase 3.46% than previous quarter

Overall: decreasing (-19.78%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 164957700000.0 (%).Trend:Increase 50.66% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 111868900000.0 (%).Trend:Decrease 32.18% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 135494600000.0 (%).Trend:Increase 21.12% than previous quarter

Overall: decreasing (-17.86%). 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 -563428300000.0 (%).Trend:Increase 4.79% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -577148100000.0 (%).Trend:Increase 2.44% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -590741700000.0 (%).Trend:Increase 2.36% than previous quarter

Overall: decreasing (4.85%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 12370400000.0 (%).Trend:Decrease 68.02% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 22339200000.0 (%).Trend:Increase 80.59% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 33026300000.0 (%).Trend:Increase 47.84% than previous quarter

Overall: increasing (166.98%). 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 -92.0 (%).Trend:Increase 7.24% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -103.73 (%).Trend:Increase 12.75% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -101.83 (%).Trend:Decrease 1.83% than previous quarter

Overall: decreasing (10.68%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.6 (USD).Trend:Increase 0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.89 (USD).Trend:Increase 48.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.19 (USD).Trend:Increase 33.71% than previous quarter

Overall: decreasing (98.33%). Fluctuation: **Significant** (high variation).



Financial data for Q1 2020 to Q3 2020 reveals mixed trends.  Liabilities and current assets on revenue show declining trends with moderate variation. Cost efficiency, measured by the ratio of retained earnings to revenue, is consistently decreasing. Investment efficiency (retained earnings on assets) also exhibits a negative trend with significant fluctuation. Earnings per share also show a clear downward trend with high volatility.  The selling, general, and administrative (SG&A) expense ratio stands out with a substantial increase and significant volatility. Overall, the financial performance is unfavorable, with the exception of rising SG&A expenses.