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 143410000000.0 (%).Trend:Decrease 23.13% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 144070000000.0 (%).Trend:Increase 0.46% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 149630000000.0 (%).Trend:Increase 3.86% than previous quarter

Overall: increasing (4.34%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 402610000000.0 (%).Trend:Increase 4.88% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 390020000000.0 (%).Trend:Decrease 3.13% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 360790000000.0 (%).Trend:Decrease 7.49% than previous quarter

Overall: decreasing (-10.39%). 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 303690000000.0 (%).Trend:Decrease 3.47% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 278000000000.0 (%).Trend:Decrease 8.46% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 262350000000.0 (%).Trend:Decrease 5.63% than previous quarter

Overall: decreasing (-13.61%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 7740000000.0 (%).Trend:Decrease 55.41% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12640000000.0 (%).Trend:Increase 63.31% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 17920000000.0 (%).Trend:Increase 41.77% than previous quarter

Overall: increasing (131.52%). 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 43.38 (%).Trend:Decrease 7.6% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 39.47 (%).Trend:Decrease 9.01% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 39.72 (%).Trend:Increase 0.63% than previous quarter

Overall: decreasing (-8.44%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.57 (USD).Trend:Decrease 135.2% than previous quarter
Year 2020 Quarter 2: Earning Per Share -4.04 (USD).Trend:Increase 157.32% than previous quarter
Year 2020 Quarter 3: Earning Per Share -5.53 (USD).Trend:Increase 36.88% than previous quarter

Overall: decreasing (252.23%). Fluctuation: **Significant** (high variation).



Financial data from Q1-Q3 2020 indicate a volatile business environment. Liabilities on revenue show slight growth while current assets show a slight overall decrease. Cost efficiency, measured by retained earnings to revenue, consistently declines, while SG&A expenses show substantial variation. Investment efficiency mirrors the declining retained earnings on assets trend. Earning per share is persistently negative, demonstrating fluctuating profitability.  The data suggests possible operational inefficiencies and profitability concerns.