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 35325600000.0 (%).Trend:Decrease 50.58% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 29394700000.0 (%).Trend:Decrease 16.79% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 31737600000.0 (%).Trend:Increase 7.97% than previous quarter

Overall: decreasing (-10.16%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 65990100000.0 (%).Trend:Increase 73.36% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 66840600000.0 (%).Trend:Increase 1.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 59398700000.0 (%).Trend:Decrease 11.13% than previous quarter

Overall: decreasing (-9.99%). 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 -46864600000.0 (%).Trend:Increase 7.67% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -44646000000.0 (%).Trend:Decrease 4.73% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -41971600000.0 (%).Trend:Decrease 5.99% than previous quarter

Overall: increasing (-10.44%). 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 -11.49 (%).Trend:Decrease 1.03% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -11.05 (%).Trend:Decrease 3.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -10.39 (%).Trend:Decrease 5.97% than previous quarter

Overall: increasing (-9.57%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.27 (USD).Trend:Decrease 78.05% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.45 (USD).Trend:Increase 66.67% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.68 (USD).Trend:Increase 51.11% than previous quarter

Overall: increasing (151.85%). Fluctuation: **Significant** (high variation).



Financial performance for Q1-Q3 2020 reveals mixed results. Working capital efficiency shows a minor overall decrease in liabilities and current assets on revenue.  Cost efficiency, as measured by the retained earnings-to-revenue ratio, displays an increasing trend, but with considerable volatility.   Investment efficiency shows a consistent decline in retained earnings on assets, while earnings per share show a significant increase in earnings, yet with high volatility.