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 319100000000.0 (%).Trend:Decrease 11.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 384900000000.0 (%).Trend:Increase 27.45% than previous quarter

Overall: increasing (20.62%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 694600000000.0 (%).Trend:Increase 12.83% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 805800000000.0 (%).Trend:Increase 17.7% than previous quarter

Overall: increasing (16.01%). 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 1611400000000.0 (%).Trend:Decrease 2.66% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 1606500000000.0 (%).Trend:Increase 1.38% than previous quarter

Overall: decreasing (-0.3%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 39500000000.0 (%).Trend:Decrease 66.64% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 127600000000.0 (%).Trend:Increase 60.3% than previous quarter

Overall: increasing (223.04%). 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 57.84 (%).Trend:Decrease 4.52% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 53.08 (%).Trend:Decrease 7.74% than previous quarter

Overall: decreasing (-8.23%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.16 (USD).Trend:Decrease 114.55% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.25 (USD).Trend:Decrease 189.29% than previous quarter

Overall: increasing (-256.25%). Fluctuation: **Significant** (high variation).



Financial data for Q1-Q3 2020 reveals a mixed financial performance. Working capital components—liabilities and current assets on revenue—show generally positive growth, though cost efficiency indicators present contrasting findings. The ratio of retained earnings to revenue trends slightly downward, while SG&A expense ratios exhibit a pronounced, positive upward trend with significant fluctuation. Investment efficiency shows a consistent decline.  Earnings per share display high volatility and a negative overall trend. A deeper analysis is needed to assess the underlying causes and suggest improvements.