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 143000000000.0 (%).Trend:Increase 13.4% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 139300000000.0 (%).Trend:Decrease 2.59% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 135100000000.0 (%).Trend:Decrease 3.02% than previous quarter

Overall: decreasing (-5.52%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 233200000000.0 (%).Trend:Increase 9.48% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 260400000000.0 (%).Trend:Increase 11.66% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 263300000000.0 (%).Trend:Increase 1.11% than previous quarter

Overall: increasing (12.91%). 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 137600000000.0 (%).Trend:Decrease 39.44% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 144500000000.0 (%).Trend:Increase 5.01% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 162500000000.0 (%).Trend:Increase 12.46% than previous quarter

Overall: increasing (18.1%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 17900000000.0 (%).Trend:Decrease 66.03% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 33000000000.0 (%).Trend:Increase 84.36% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 49300000000.0 (%).Trend:Increase 49.39% than previous quarter

Overall: increasing (175.42%). 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 15.04 (%).Trend:Decrease 34.09% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 15.42 (%).Trend:Increase 2.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 17.29 (%).Trend:Increase 12.13% than previous quarter

Overall: increasing (14.96%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -8.43 (USD).Trend:Decrease 377.3% than previous quarter
Year 2020 Quarter 2: Earning Per Share -7.55 (USD).Trend:Decrease 10.44% than previous quarter
Year 2020 Quarter 3: Earning Per Share -5.66 (USD).Trend:Decrease 25.03% than previous quarter

Overall: increasing (-32.86%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2020 indicates varied trends. Liabilities on revenue decreased slightly (-5.52%), showing little fluctuation. Current assets on revenue increased steadily (12.91%), also with little fluctuation.  Cost efficiency shows an increase in the ratio of retained earnings to revenue (18.1%), again with little fluctuation.  Selling, General & Administrative (SG&A) expense ratio shows a substantial increase (175.42%) with significant volatility. Investment efficiency shows a moderate increase in retained earnings on assets (14.96%). Earnings per share display a significant increase (-32.86%), but show significant volatility.