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 13197400000.0 (%).Trend:Increase 160.34% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 13086200000.0 (%).Trend:Decrease 0.84% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 13026800000.0 (%).Trend:Decrease 0.45% than previous quarter

Overall: decreasing (-1.29%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 16953000000.0 (%).Trend:Increase 120.34% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 15093900000.0 (%).Trend:Decrease 10.97% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 23950800000.0 (%).Trend:Increase 58.68% than previous quarter

Overall: increasing (41.28%). 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 -106501000000.0 (%).Trend:Decrease 0.11% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -108809600000.0 (%).Trend:Increase 2.17% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -111180400000.0 (%).Trend:Increase 2.18% than previous quarter

Overall: decreasing (4.39%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2494700000.0 (%).Trend:Decrease 57.66% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 4007400000.0 (%).Trend:Increase 60.64% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5484600000.0 (%).Trend:Increase 36.86% than previous quarter

Overall: increasing (119.85%). 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 -453.65 (%).Trend:Decrease 37.83% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -509.29 (%).Trend:Increase 12.26% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -370.21 (%).Trend:Decrease 27.31% than previous quarter

Overall: increasing (-18.39%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of 2020 data reveals a slight decrease in liabilities on revenue, with low fluctuation.  Current assets on revenue experienced a significant increase (41.28%), showing moderate variation.  Cost efficiency metrics, including retained earnings and SG&A expenses, show significant decreases and increases, respectively, with high variations. Retained earnings on assets show a significant overall increase (-18.39%), with significant fluctuation.