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 51583700000.0 (%).Trend:Increase 9.2% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 44891900000.0 (%).Trend:Decrease 12.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 56521000000.0 (%).Trend:Increase 25.9% than previous quarter

Overall: increasing (9.57%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 61451500000.0 (%).Trend:Increase 11.72% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 48099900000.0 (%).Trend:Decrease 21.73% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 59246600000.0 (%).Trend:Increase 23.17% than previous quarter

Overall: decreasing (-3.59%). 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 -140573700000.0 (%).Trend:Increase 18.41% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -160512800000.0 (%).Trend:Increase 14.18% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -164251200000.0 (%).Trend:Increase 2.33% than previous quarter

Overall: decreasing (16.84%). 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 -33.6 (%).Trend:Increase 26.46% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -40.26 (%).Trend:Increase 19.82% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -40.12 (%).Trend:Decrease 0.35% than previous quarter

Overall: decreasing (19.4%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.45 (USD).Trend:Increase 800.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.94 (USD).Trend:Increase 108.89% than previous quarter
Year 2020 Quarter 3: Earning Per Share -1.04 (USD).Trend:Increase 10.64% than previous quarter

Overall: decreasing (131.11%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 show significant fluctuations. Working capital efficiency (liabilities and current assets on revenue) exhibit fluctuating trends with overall slight increase and decrease respectively.  Cost efficiency, represented by the ratio of retained earnings to revenue, shows a significant decrease and high volatility.  Investment efficiency, measured by retained earnings on assets, displays a decrease, and earnings per share shows a decreasing trend. The data suggests a high level of instability in financial performance and highlights the need for detailed investigation into potential outliers or underlying factors.