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 23029100000.0 (%).Trend:Decrease 9.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 23258400000.0 (%).Trend:Increase 1.0% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 24480700000.0 (%).Trend:Increase 5.26% than previous quarter

Overall: increasing (6.3%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 53391100000.0 (%).Trend:Decrease 5.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 53338600000.0 (%).Trend:Decrease 0.1% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 51504600000.0 (%).Trend:Decrease 3.44% than previous quarter

Overall: decreasing (-3.53%). 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 18008200000.0 (%).Trend:Decrease 34.14% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 18420600000.0 (%).Trend:Increase 2.29% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 18953300000.0 (%).Trend:Increase 2.89% than previous quarter

Overall: increasing (5.25%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8768300000.0 (%).Trend:Decrease 69.35% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16774100000.0 (%).Trend:Increase 91.3% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25590200000.0 (%).Trend:Increase 52.56% than previous quarter

Overall: increasing (191.85%). 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 13.99 (%).Trend:Decrease 27.1% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.16 (%).Trend:Increase 1.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 14.51 (%).Trend:Increase 2.47% than previous quarter

Overall: increasing (3.72%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.0 (USD).Trend:Decrease 200.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.0 (USD).Trend:Increase 0.0% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).



The 2020 financial data shows varied performance indicators.  Liabilities on revenue are slightly increasing, contrasting with a slight decline in current assets.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows a positive trend. However, the SG&A expense ratio displays significant volatility, increasing significantly each quarter.  Investment efficiency is relatively stable with a slight positive trend in retained earnings on assets. Earnings per share remain consistently negative.  Significant fluctuations warrant further examination of the underlying causes.