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 11950800000.0 (%).Trend:Decrease 72.43% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 15278300000.0 (%).Trend:Increase 27.84% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 17512600000.0 (%).Trend:Increase 14.62% than previous quarter

Overall: increasing (46.54%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 35940500000.0 (%).Trend:Increase 28.16% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 29796200000.0 (%).Trend:Decrease 17.1% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 25983200000.0 (%).Trend:Decrease 12.8% than previous quarter

Overall: decreasing (-27.7%). 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 19554100000.0 (%).Trend:Decrease 12.52% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 20908800000.0 (%).Trend:Increase 6.93% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 22014600000.0 (%).Trend:Increase 5.29% than previous quarter

Overall: increasing (12.58%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 4344600000.0 (%).Trend:Decrease 71.31% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8830300000.0 (%).Trend:Increase 103.25% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 12686400000.0 (%).Trend:Increase 43.67% than previous quarter

Overall: increasing (192.0%). 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 16.43 (%).Trend:Decrease 14.6% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 18.58 (%).Trend:Increase 13.09% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 20.18 (%).Trend:Increase 8.61% than previous quarter

Overall: increasing (22.82%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.94 (USD).Trend:Decrease 255.2% than previous quarter
Year 2020 Quarter 2: Earning Per Share -1.32 (USD).Trend:Decrease 31.96% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.81 (USD).Trend:Decrease 38.64% than previous quarter

Overall: increasing (-58.25%). Fluctuation: **Significant** (high variation).



2020 financial data shows a mix of positive and negative trends. Liabilities on revenue are increasing while current assets are decreasing, suggesting potential working capital challenges. Cost efficiency (ratio of retained earnings to revenue) is increasing steadily. However, notable fluctuations are present in SG&A expense ratios and earnings per share, which are both negative. Further analysis is required to understand the underlying reasons behind these trends and their impact on the company's overall financial health.