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 137080000000.0 (%).Trend:Increase 198.97% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 103800000000.0 (%).Trend:Decrease 24.28% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 121410000000.0 (%).Trend:Increase 16.97% than previous quarter

Overall: decreasing (-11.43%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 306560000000.0 (%).Trend:Increase 187.96% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 264230000000.0 (%).Trend:Decrease 13.81% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 262880000000.0 (%).Trend:Decrease 0.51% than previous quarter

Overall: decreasing (-14.25%). 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 -291850000000.0 (%).Trend:Increase 1.02% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -304250000000.0 (%).Trend:Increase 4.25% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -305250000000.0 (%).Trend:Increase 0.33% than previous quarter

Overall: decreasing (4.59%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2610000000.0 (%).Trend:Decrease 68.25% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 8960000000.0 (%).Trend:Increase 243.3% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 14920000000.0 (%).Trend:Increase 66.52% than previous quarter

Overall: increasing (471.65%). 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 -32.75 (%).Trend:Decrease 60.42% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -35.83 (%).Trend:Increase 9.4% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -35.99 (%).Trend:Increase 0.45% than previous quarter

Overall: decreasing (9.89%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.18 (USD).Trend:Decrease 121.95% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.51 (USD).Trend:Increase 183.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.51 (USD).Trend:Increase 0.0% than previous quarter

Overall: decreasing (183.33%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 2020 to Q3 2020 displays significant volatility. Working capital efficiency, with liabilities on revenue declining slightly (-11.43%) but current assets on revenue decreasing (-14.25%), points to potential challenges in managing short-term assets. Cost efficiency shows a negative trend for the retained earnings-to-revenue ratio (4.59%), indicating potential profitability issues.  Significant fluctuations are visible in the SG&A expense ratio (471.65%), implying shifts in cost management strategies. Investment efficiency also demonstrates a decline (9.89%). Finally, earnings per share are negative and decreasing (183.33%). Overall, the period reveals substantial variability in key financial areas.