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 51312700000.0 (%).Trend:Increase 53.66% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 57755200000.0 (%).Trend:Increase 12.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 60382300000.0 (%).Trend:Increase 4.55% than previous quarter

Overall: increasing (17.68%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 27008200000.0 (%).Trend:Increase 27.36% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 26688900000.0 (%).Trend:Decrease 1.18% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 30576400000.0 (%).Trend:Increase 14.57% than previous quarter

Overall: increasing (13.21%). Fluctuation: **Little** (low 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 38652400000.0 (%).Trend:Decrease 6.93% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 38144900000.0 (%).Trend:Decrease 1.31% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 46730300000.0 (%).Trend:Increase 22.51% than previous quarter

Overall: increasing (20.9%). Fluctuation: **Neutral** (moderate 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 11.93 (%).Trend:Decrease 13.17% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 11.35 (%).Trend:Decrease 4.86% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 13.33 (%).Trend:Increase 17.44% than previous quarter

Overall: increasing (11.74%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.42 (USD).Trend:Decrease 138.89% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.31 (USD).Trend:Decrease 26.19% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.66 (USD).Trend:Decrease 635.48% than previous quarter

Overall: increasing (-495.24%). Fluctuation: **Significant** (high variation).



Working capital efficiency shows a mixed picture. Liabilities on revenue increased steadily from Q1 to Q3 2020, while current assets on revenue showed an initial increase followed by a slight decrease and another increase.  Cost efficiency shows a fluctuating ratio of retained earnings to revenue.  Investment efficiency demonstrates a slight increase in retained earnings on assets.  Earnings per share show a significant and erratic pattern, starting negative and ending positive.