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 11817800000.0 (%).Trend:Decrease 13.24% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 5881400000.0 (%).Trend:Decrease 50.23% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 9326200000.0 (%).Trend:Increase 58.57% than previous quarter

Overall: decreasing (-21.08%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 47982400000.0 (%).Trend:Decrease 0.27% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 40910300000.0 (%).Trend:Decrease 14.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 43032800000.0 (%).Trend:Increase 5.19% than previous quarter

Overall: decreasing (-10.32%). 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 67291200000.0 (%).Trend:Decrease 21.22% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 64984400000.0 (%).Trend:Decrease 3.43% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 63859000000.0 (%).Trend:Decrease 1.73% than previous quarter

Overall: decreasing (-5.1%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 3653000000.0 (%).Trend:Decrease 72.18% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6530500000.0 (%).Trend:Increase 78.77% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 9768100000.0 (%).Trend:Increase 49.58% than previous quarter

Overall: increasing (167.4%). 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 77.42 (%).Trend:Increase 0.6% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 83.01 (%).Trend:Increase 7.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 79.74 (%).Trend:Decrease 3.94% than previous quarter

Overall: increasing (3.0%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1-Q3 2020 reveal trends in working capital efficiency, cost efficiency, and investment efficiency. Liabilities on revenue decreased significantly (–21.08%) with high variation.  Current assets on revenue also decreased (–10.32%) with low variation. The ratio of retained earnings to revenue decreased by 5.1% with little variation. The SG&A expense ratio increased considerably (167.4%) with high volatility. Retained earnings on assets rose by 3.0% showing little variation.