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 102308500000.0 (%).Trend:Decrease 4.66% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 132459500000.0 (%).Trend:Increase 29.47% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 142705100000.0 (%).Trend:Increase 7.73% than previous quarter

Overall: increasing (39.49%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 239496700000.0 (%).Trend:Increase 6.63% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 224889600000.0 (%).Trend:Decrease 6.1% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 340977400000.0 (%).Trend:Increase 51.62% than previous quarter

Overall: increasing (42.37%). 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 624664100000.0 (%).Trend:Increase 4.38% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 633694600000.0 (%).Trend:Increase 1.45% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 641481300000.0 (%).Trend:Increase 1.23% than previous quarter

Overall: increasing (2.69%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19552100000.0 (%).Trend:Decrease 64.04% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 38943300000.0 (%).Trend:Increase 99.18% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 57051800000.0 (%).Trend:Increase 46.5% than previous quarter

Overall: increasing (191.79%). 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 75.35 (%).Trend:Increase 0.16% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 75.48 (%).Trend:Increase 0.17% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 66.82 (%).Trend:Decrease 11.47% than previous quarter

Overall: decreasing (-11.32%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 to Q3 2020 show a mixed picture of financial performance. Working capital efficiency metrics, while showing overall increases, exhibit substantial fluctuations.  Cost efficiency, measured by the ratio of retained earnings to revenue, shows steady increases, but selling, general, and administrative (SG&A) expenses display significant volatility. Investment efficiency, measured by retained earnings on assets, decreased slightly, revealing potential challenges in asset management, despite the positive trends in some areas.  The data suggests a need for further analysis to understand the underlying factors contributing to these fluctuations.