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 1546100000.0 (%).Trend:Decrease 21.08% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 3372100000.0 (%).Trend:Increase 118.1% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 5317200000.0 (%).Trend:Increase 57.68% than previous quarter

Overall: increasing (243.91%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 8364200000.0 (%).Trend:Decrease 10.59% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 10992300000.0 (%).Trend:Increase 31.42% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 13687900000.0 (%).Trend:Increase 24.52% than previous quarter

Overall: increasing (63.65%). Fluctuation: **Neutral** (moderate 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 11107200000.0 (%).Trend:Decrease 0.68% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 11841000000.0 (%).Trend:Increase 6.61% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 12686000000.0 (%).Trend:Increase 7.14% than previous quarter

Overall: increasing (14.21%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 745700000.0 (%).Trend:Decrease 69.66% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1937800000.0 (%).Trend:Increase 159.86% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2975200000.0 (%).Trend:Increase 53.53% than previous quarter

Overall: increasing (298.98%). 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 76.38 (%).Trend:Increase 6.56% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 69.28 (%).Trend:Decrease 9.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 63.84 (%).Trend:Decrease 7.85% than previous quarter

Overall: decreasing (-16.42%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2020 to Q3 2020 reveal significant fluctuations. Liabilities on revenue showed a large increase (243.91%) with high variability. Current assets on revenue also increased (63.65%), but with moderate variation. Cost Efficiency, in terms of the ratio of retained earnings to revenue, exhibited a small increase (14.21%) with minimal fluctuation.  Selling, General & Administrative (SG&A) expense ratio increased substantially (298.98%) with significant fluctuation.  Invest Efficiency (retained earning on assets) decreased (-16.42%) with moderate variability.