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 80600000000.0 (%).Trend:Decrease 10.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 79980000000.0 (%).Trend:Decrease 0.77% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 237440000000.0 (%).Trend:Increase 196.87% than previous quarter

Overall: increasing (194.59%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 141920000000.0 (%).Trend:Decrease 9.36% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 158270000000.0 (%).Trend:Increase 11.52% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 153640000000.0 (%).Trend:Decrease 2.93% than previous quarter

Overall: increasing (8.26%). 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 46730000000.0 (%).Trend:Decrease 48.15% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -107690000000.0 (%).Trend:Decrease 330.45% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -114410000000.0 (%).Trend:Increase 6.24% than previous quarter

Overall: decreasing (-344.83%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2490000000.0 (%).Trend:Decrease 76.9% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 5010000000.0 (%).Trend:Increase 101.2% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 7730000000.0 (%).Trend:Increase 54.29% than previous quarter

Overall: increasing (210.44%). 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 7.5 (%).Trend:Decrease 43.48% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -21.76 (%).Trend:Decrease 390.13% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -23.54 (%).Trend:Increase 8.18% than previous quarter

Overall: decreasing (-413.87%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.33 (USD).Trend:Decrease 279.73% than previous quarter
Year 2020 Quarter 2: Earning Per Share -17.16 (USD).Trend:Increase 1190.23% than previous quarter
Year 2020 Quarter 3: Earning Per Share -17.83 (USD).Trend:Increase 3.9% than previous quarter

Overall: decreasing (1240.6%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 2020 to Q3 2020 display significant volatility and, for the most part, negative trends. Liabilities on revenue showed a dramatic increase in Q3 after a slight decrease in the first two quarters. Current assets on revenue increased overall with moderate fluctuations.  Cost efficiency decreased dramatically, with the ratio of retained earnings to revenue falling sharply.  SG&A expense ratios increased overall but with significant variation.  Investment efficiency and earnings per share decreased substantially with high volatility. Overall, the data suggest a period of considerable financial instability and declining profitability.