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 124805700000.0 (%).Trend:Decrease 15.33% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 123686200000.0 (%).Trend:Decrease 0.9% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 124944800000.0 (%).Trend:Increase 1.02% than previous quarter

Overall: increasing (0.11%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 71895600000.0 (%).Trend:Decrease 45.5% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 65111000000.0 (%).Trend:Decrease 9.44% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 117991100000.0 (%).Trend:Increase 81.22% than previous quarter

Overall: increasing (64.11%). 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 -307285200000.0 (%).Trend:Increase 45.47% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -320684500000.0 (%).Trend:Increase 4.36% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -334935600000.0 (%).Trend:Increase 4.44% than previous quarter

Overall: decreasing (9.0%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 45322700000.0 (%).Trend:Decrease 56.75% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 86725800000.0 (%).Trend:Increase 91.35% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 127819100000.0 (%).Trend:Increase 47.38% than previous quarter

Overall: increasing (182.02%). 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 -18.9 (%).Trend:Increase 51.69% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -20.1 (%).Trend:Increase 6.35% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -20.47 (%).Trend:Increase 1.84% than previous quarter

Overall: decreasing (8.31%). Fluctuation: **Significant** (high variation).

Earning Per Share


Analysis of Q1 2020 to Q3 2020 financial data reveals significant fluctuations across several key metrics. Working capital efficiency, measured by liabilities and current assets on revenue, shows mixed results, with current assets increasing significantly while liabilities remain relatively stable. Cost efficiency, indicated by the ratio of retained earnings to revenue and SG&A expense ratio, demonstrates a pattern of significant increases and decreases in expenses, with a net increasing trend in SG&A. Investment efficiency, as measured by retained earnings on assets, displays a consistent negative trend.