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 72900000000.0 (%).Trend:Decrease 4.33% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 59800000000.0 (%).Trend:Decrease 17.97% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 78800000000.0 (%).Trend:Increase 31.77% than previous quarter

Overall: increasing (8.09%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 158300000000.0 (%).Trend:Increase 23.0% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 142600000000.0 (%).Trend:Decrease 9.92% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 126800000000.0 (%).Trend:Decrease 11.08% than previous quarter

Overall: decreasing (-19.9%). 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 164400000000.0 (%).Trend:Increase 0.0% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 159900000000.0 (%).Trend:Decrease 2.74% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 160500000000.0 (%).Trend:Increase 0.38% than previous quarter

Overall: decreasing (-2.37%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5400000000.0 (%).Trend:Decrease 67.66% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 9500000000.0 (%).Trend:Increase 75.93% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14000000000.0 (%).Trend:Increase 47.37% than previous quarter

Overall: increasing (159.26%). 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 66.08 (%).Trend:Decrease 13.02% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 68.92 (%).Trend:Increase 4.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 74.17 (%).Trend:Increase 7.62% than previous quarter

Overall: increasing (12.24%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -1.25 (USD).Trend:Decrease 200.0% than previous quarter
Year 2020 Quarter 2: Earning Per Share -2.87 (USD).Trend:Increase 129.6% than previous quarter
Year 2020 Quarter 3: Earning Per Share -2.65 (USD).Trend:Decrease 7.67% than previous quarter

Overall: decreasing (112.0%). Fluctuation: **Significant** (high variation).



2020 financial statements show a mixed performance. Liabilities on revenue increased slightly despite some quarter-to-quarter fluctuations.  Current assets on revenue decreased, contrasting with liabilities. Cost efficiency shows a decreasing ratio of retained earnings to revenue, but a highly variable, significantly increasing SG&A expense ratio.  Investment efficiency shows a steady increase in retained earnings on assets, while earnings per share experienced a significant, fluctuating decrease.