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 3911600000.0 (%).Trend:Decrease 36.46% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 3310700000.0 (%).Trend:Decrease 15.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 4098100000.0 (%).Trend:Increase 23.78% than previous quarter

Overall: increasing (4.77%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 9278700000.0 (%).Trend:Increase 17.37% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 9705300000.0 (%).Trend:Increase 4.6% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 11138100000.0 (%).Trend:Increase 14.76% than previous quarter

Overall: increasing (20.04%). 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 8181600000.0 (%).Trend:Increase 2.9% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 8786900000.0 (%).Trend:Increase 7.4% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 12415200000.0 (%).Trend:Increase 41.29% than previous quarter

Overall: increasing (51.75%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 353000000.0 (%).Trend:Decrease 57.38% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 646000000.0 (%).Trend:Increase 83.0% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 1039300000.0 (%).Trend:Increase 60.88% than previous quarter

Overall: increasing (194.42%). 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 22.76 (%).Trend:Increase 6.5% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 24.46 (%).Trend:Increase 7.47% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 28.44 (%).Trend:Increase 16.27% than previous quarter

Overall: increasing (24.96%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements for Q1-Q3 2020 highlight a pattern of generally increasing revenue-related metrics, although with variations. Liabilities on revenue, current assets on revenue, and the ratio of retained earnings to revenue all trend upward, showcasing growth across the three quarters.  However, the significant increase in Selling, General, and Administrative (SG&A) expense ratio signals a potential operational concern requiring further investigation. Overall investment efficiency is also steadily increasing (24.96%).  The positive trend overall suggests improving profitability and revenue generation, but requires further examination into cost efficiency concerns.