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 47567600000.0 (%).Trend:Decrease 11.14% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 103874900000.0 (%).Trend:Increase 118.37% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 106989300000.0 (%).Trend:Increase 3.0% than previous quarter

Overall: increasing (124.92%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 127678000000.0 (%).Trend:Decrease 3.58% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 203011000000.0 (%).Trend:Increase 59.0% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 226533300000.0 (%).Trend:Increase 11.59% than previous quarter

Overall: increasing (77.43%). Fluctuation: **Significant** (high 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 288508400000.0 (%).Trend:Increase 3.19% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 304994300000.0 (%).Trend:Increase 5.71% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 320467100000.0 (%).Trend:Increase 5.07% than previous quarter

Overall: increasing (11.08%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 8643000000.0 (%).Trend:Decrease 68.54% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 17763500000.0 (%).Trend:Increase 105.52% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 26114600000.0 (%).Trend:Increase 47.01% than previous quarter

Overall: increasing (202.15%). 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 27.14 (%).Trend:Increase 2.3% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 26.76 (%).Trend:Decrease 1.4% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 27.65 (%).Trend:Increase 3.33% than previous quarter

Overall: increasing (1.88%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial analysis from Q1 2020 to Q3 2020 reveals highly volatile financial trends. Liabilities and current assets on revenue experienced substantial increases (124.92% and 77.43% respectively).  Cost efficiency, measured by the ratio of retained earnings to revenue, exhibited a more stable increase (11.08%).  However, SG&A expenses saw a significant increase (202.15%).  Investment efficiency, indicated by retained earnings on assets, saw a very slight increase (1.88%). The data highlights significant fluctuations in working capital and significant variability in cost efficiencies.