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 96893500000.0 (%).Trend:Increase 7.22% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 78498000000.0 (%).Trend:Decrease 18.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 88258500000.0 (%).Trend:Increase 12.43% than previous quarter

Overall: decreasing (-8.91%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 62572100000.0 (%).Trend:Increase 11.84% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 62143900000.0 (%).Trend:Decrease 0.68% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 73490000000.0 (%).Trend:Increase 18.26% than previous quarter

Overall: increasing (17.45%). 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 -41246500000.0 (%).Trend:Decrease 13.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -31404200000.0 (%).Trend:Decrease 23.86% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -26763100000.0 (%).Trend:Decrease 14.78% than previous quarter

Overall: increasing (-35.11%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 16420100000.0 (%).Trend:Decrease 70.15% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36005200000.0 (%).Trend:Increase 119.28% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65716100000.0 (%).Trend:Increase 82.52% than previous quarter

Overall: increasing (300.22%). 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 -16.97 (%).Trend:Decrease 16.07% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets -12.53 (%).Trend:Decrease 26.16% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -9.99 (%).Trend:Decrease 20.27% than previous quarter

Overall: increasing (-41.13%). Fluctuation: **Significant** (high variation).

Earning Per Share


Financial statements from Q1 2020 to Q3 2020 show significant fluctuations in working capital, cost, and investment efficiency. Liabilities on revenue exhibit a slight decrease, but with notable variation.  Current assets on revenue increase, but fluctuations remain. Cost efficiency, measured by the Ratio of Retained Earnings to Revenue, shows a substantial increase but with extreme variation.  SG&A expense ratio experiences an extremely significant, volatile increase.  Investment efficiency, as measured by Retained Earning on Assets, displays a considerable decrease.  Further investigation is needed to understand these trends.