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 12850900000.0 (%).Trend:Decrease 9.52% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 12748300000.0 (%).Trend:Decrease 0.8% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 14693400000.0 (%).Trend:Increase 15.26% than previous quarter

Overall: increasing (14.34%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 50049000000.0 (%).Trend:Increase 2.92% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 53837500000.0 (%).Trend:Increase 7.57% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 57248500000.0 (%).Trend:Increase 6.34% than previous quarter

Overall: increasing (14.38%). 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 -69949700000.0 (%).Trend:Increase 5.02% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -70779900000.0 (%).Trend:Increase 1.19% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -70721900000.0 (%).Trend:Decrease 0.08% than previous quarter

Overall: decreasing (1.1%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 1830400000.0 (%).Trend:Decrease 69.81% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 3612300000.0 (%).Trend:Increase 97.35% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 5554100000.0 (%).Trend:Increase 53.76% than previous quarter

Overall: increasing (203.44%). 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 -83.98 (%).Trend:Increase 8.73% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -81.82 (%).Trend:Decrease 2.57% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -79.5 (%).Trend:Decrease 2.84% than previous quarter

Overall: increasing (-5.33%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share -0.01 (USD).Trend:Decrease 98.97% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.18 (USD).Trend:Increase 1700.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share -0.17 (USD).Trend:Decrease 5.56% than previous quarter

Overall: decreasing (1600.0%). Fluctuation: **Significant** (high variation).



Analyzing Q1-Q3 2020, liabilities and current assets on revenue increased slightly with low variation. The ratio of retained earnings to revenue decreased slightly, while the SG&A expense ratio increased substantially, showing high fluctuation. Retained earnings on assets increased slightly, and earnings per share decreased significantly.