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 757100000.0 (%).Trend:Decrease 29.2% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1051400000.0 (%).Trend:Increase 38.87% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 1035200000.0 (%).Trend:Decrease 1.54% than previous quarter

Overall: increasing (36.73%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 3989700000.0 (%).Trend:Decrease 11.97% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 4333700000.0 (%).Trend:Increase 8.62% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 4262800000.0 (%).Trend:Decrease 1.64% than previous quarter

Overall: increasing (6.85%). 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 -43701800000.0 (%).Trend:Decrease 0.22% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -43779000000.0 (%).Trend:Increase 0.18% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -43894700000.0 (%).Trend:Increase 0.26% than previous quarter

Overall: decreasing (0.44%). 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 -1057.85 (%).Trend:Increase 13.88% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -978.61 (%).Trend:Decrease 7.49% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -997.72 (%).Trend:Increase 1.95% than previous quarter

Overall: increasing (-5.68%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analyzing financial statements from Q1 2020 to Q3 2020, working capital efficiency shows a positive trend, with liabilities on revenue increasing by 36.73% and current assets on revenue increasing by 6.85%.  However, the ratio of retained earnings to revenue displays a consistent negative trend (0.44% decrease).  Investment efficiency, measured by retained earnings on assets, indicates a slightly positive trend (-5.68%) but with considerable fluctuations.