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 131090000000.0 (%).Trend:Increase 53.7% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 79280000000.0 (%).Trend:Decrease 39.52% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 75320000000.0 (%).Trend:Decrease 4.99% than previous quarter

Overall: decreasing (-42.54%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 188330000000.0 (%).Trend:Increase 68.3% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 132010000000.0 (%).Trend:Decrease 29.9% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 130260000000.0 (%).Trend:Decrease 1.33% than previous quarter

Overall: decreasing (-30.83%). 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 -69590000000.0 (%).Trend:Decrease 59.07% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -77450000000.0 (%).Trend:Increase 11.29% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -78740000000.0 (%).Trend:Increase 1.67% than previous quarter

Overall: decreasing (13.15%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8680000000.0 (%).Trend:Decrease 70.41% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 16700000000.0 (%).Trend:Increase 92.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 25250000000.0 (%).Trend:Increase 51.2% than previous quarter

Overall: increasing (190.9%). 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 -23.42 (%).Trend:Decrease 66.86% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -32.28 (%).Trend:Increase 37.83% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -32.71 (%).Trend:Increase 1.33% than previous quarter

Overall: decreasing (39.67%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 16.21 (USD).Trend:Decrease 13608.33% than previous quarter
Year 2020 Quarter 2: Earning Per Share 14.91 (USD).Trend:Decrease 8.02% than previous quarter
Year 2020 Quarter 3: Earning Per Share 14.69 (USD).Trend:Decrease 1.48% than previous quarter

Overall: decreasing (-9.38%). Fluctuation: **Little** (low variation).



Financial performance in 2020 (Q1-Q3) demonstrates considerable volatility.  Liabilities and current assets on revenue both decreased, though the latter less dramatically.  Retained earnings on assets and the ratio of retained earnings to revenue also fell significantly, indicating potential profitability concerns.  However, a substantial increase in SG&A expenses (+190.9%) raises concerns about cost management.  Despite these negative trends, earnings per share displayed relative stability, decreasing only slightly.