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 162690000000.0 (%).Trend:Decrease 26.94% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 158930000000.0 (%).Trend:Decrease 2.31% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 181420000000.0 (%).Trend:Increase 14.15% than previous quarter

Overall: increasing (11.51%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 195610000000.0 (%).Trend:Decrease 31.71% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 237290000000.0 (%).Trend:Increase 21.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 251450000000.0 (%).Trend:Increase 5.97% than previous quarter

Overall: increasing (28.55%). 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 86160000000.0 (%).Trend:Decrease 27.92% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 92640000000.0 (%).Trend:Increase 7.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 81530000000.0 (%).Trend:Decrease 11.99% than previous quarter

Overall: decreasing (-5.37%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 6570000000.0 (%).Trend:Decrease 66.7% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 12740000000.0 (%).Trend:Increase 93.91% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18440000000.0 (%).Trend:Increase 44.74% than previous quarter

Overall: increasing (180.67%). 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 14.14 (%).Trend:Decrease 19.66% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 14.39 (%).Trend:Increase 1.77% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 12.5 (%).Trend:Decrease 13.13% than previous quarter

Overall: decreasing (-11.6%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -4.28 (USD).Trend:Decrease 217.91% than previous quarter
Year 2020 Quarter 2: Earning Per Share -3.08 (USD).Trend:Decrease 28.04% than previous quarter
Year 2020 Quarter 3: Earning Per Share -4.28 (USD).Trend:Increase 38.96% than previous quarter

Overall: stable (-0.0%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2020 show mixed trends in working capital, cost, and investment efficiency. Liabilities and current assets on revenue show slight increases, with moderate fluctuations.  Cost efficiency indicates significant increase in SG&A expense ratios, contrasting with a moderate decrease in the ratio of retained earnings to revenue.  Retained earnings on assets and earnings per share demonstrate decreasing trends, with noteworthy fluctuations in earnings per share. Further analysis is needed to identify underlying causes of these variations.