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 999186200.0 (%).Trend:Decrease 3.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1458582200.0 (%).Trend:Increase 45.98% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 1795926600.0 (%).Trend:Increase 23.13% than previous quarter

Overall: increasing (79.74%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 6073749500.0 (%).Trend:Increase 55.14% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 4411060400.0 (%).Trend:Decrease 27.38% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 9034683400.0 (%).Trend:Increase 104.82% than previous quarter

Overall: increasing (48.75%). Fluctuation: **Significant** (high 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 -23318661100.0 (%).Trend:Increase 18.86% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -25573780700.0 (%).Trend:Increase 9.67% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -27216259600.0 (%).Trend:Increase 6.42% than previous quarter

Overall: decreasing (16.71%). 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 -377.79 (%).Trend:Decrease 21.64% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -563.85 (%).Trend:Increase 49.25% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -297.12 (%).Trend:Decrease 47.31% than previous quarter

Overall: increasing (-21.35%). Fluctuation: **Significant** (high variation).

Earning Per Share


The financial statements reveal a mixed picture of the company's performance during the first three quarters of 2020.  Liabilities on revenue are trending upwards, although with significant fluctuations.  Current assets on revenue also show an increasing trend, but significant variations exist across the quarters.  Cost efficiency is a key concern, as the ratio of retained earnings to revenue is consistently declining.   Investment efficiency is also volatile, showing an increasing trend in retained earnings on assets with substantial fluctuation.  These insights suggest a need for careful analysis to determine the causes behind the reported trends.