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 1343300000.0 (%).Trend:Decrease 19.78% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1614700000.0 (%).Trend:Increase 20.2% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 2166000000.0 (%).Trend:Increase 34.14% than previous quarter

Overall: increasing (61.24%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 8246500000.0 (%).Trend:Decrease 27.92% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 9733900000.0 (%).Trend:Increase 18.04% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 13494200000.0 (%).Trend:Increase 38.63% than previous quarter

Overall: increasing (63.64%). Fluctuation: **Significant** (high 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 -25668800000.0 (%).Trend:Increase 14.32% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -27200000000.0 (%).Trend:Increase 5.97% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -28770000000.0 (%).Trend:Increase 5.77% than previous quarter

Overall: decreasing (12.08%). Fluctuation: **Significant** (high 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 -290.3 (%).Trend:Increase 55.14% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -263.68 (%).Trend:Decrease 9.17% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -204.49 (%).Trend:Decrease 22.45% than previous quarter

Overall: increasing (-29.56%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements for Q1 2020 to Q3 2020 show an increasing trend in liabilities on revenue (61.24%) with moderate fluctuation.  Conversely, current assets on revenue are also increasing (63.64%), but with high volatility.  Cost efficiency, as measured by the ratio of retained earnings to revenue, displays a significant negative trend (decreasing by 12.08%), suggesting a possible decrease in profitability. Investment efficiency, shown in retained earnings on assets, is increasing (-29.56%), but also experiences significant variation.  Detailed analysis of the factors driving these trends is necessary.