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 36270000000.0 (%).Trend:Increase 5.17% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 41310000000.0 (%).Trend:Increase 13.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 44640000000.0 (%).Trend:Increase 8.06% than previous quarter

Overall: increasing (23.08%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 54260000000.0 (%).Trend:Increase 3.64% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 59300000000.0 (%).Trend:Increase 9.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 60470000000.0 (%).Trend:Increase 1.97% than previous quarter

Overall: increasing (11.44%). 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 -15890000000.0 (%).Trend:Decrease 7.32% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -17940000000.0 (%).Trend:Increase 12.9% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -18180000000.0 (%).Trend:Increase 1.34% than previous quarter

Overall: decreasing (14.41%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 13030000000.0 (%).Trend:Decrease 62.07% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 25710000000.0 (%).Trend:Increase 97.31% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38900000000.0 (%).Trend:Increase 51.3% than previous quarter

Overall: increasing (198.54%). 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 -5.32 (%).Trend:Decrease 9.52% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -5.78 (%).Trend:Increase 8.65% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -5.87 (%).Trend:Increase 1.56% than previous quarter

Overall: decreasing (10.34%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2020 to Q3 2020 illustrate significant volatility in several key areas. Liabilities and current assets on revenue both trended upward, with moderate and low fluctuation respectively. However, the ratio of retained earnings to revenue decreased significantly, characterized by considerable swings.  The selling, general, and administrative (SG&A) expense ratio increased substantially, with significant fluctuations, while investment efficiency, based on retained earnings on assets, also decreased considerably with considerable variations.