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 29040000000.0 (%).Trend:Decrease 1.56% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 24750000000.0 (%).Trend:Decrease 14.77% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 23960000000.0 (%).Trend:Decrease 3.19% than previous quarter

Overall: decreasing (-17.49%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 52090000000.0 (%).Trend:Increase 12.2% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 48440000000.0 (%).Trend:Decrease 7.01% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 49200000000.0 (%).Trend:Increase 1.57% than previous quarter

Overall: decreasing (-5.55%). 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 49210000000.0 (%).Trend:Increase 2.57% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 51480000000.0 (%).Trend:Increase 4.61% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 53630000000.0 (%).Trend:Increase 4.18% than previous quarter

Overall: increasing (8.98%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 2750000000.0 (%).Trend:Decrease 68.0% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 6010000000.0 (%).Trend:Increase 118.55% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 8940000000.0 (%).Trend:Increase 48.75% than previous quarter

Overall: increasing (225.09%). 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 25.94 (%).Trend:Increase 1.69% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 27.96 (%).Trend:Increase 7.79% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 29.36 (%).Trend:Increase 5.01% than previous quarter

Overall: increasing (13.18%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows a slight decreasing trend in liabilities on revenue with little variation, while current assets on revenue also display a slight decreasing trend with little fluctuation. Cost efficiency demonstrates an increase in the ratio of retained earnings to revenue with little variation, while the SG&A expense ratio shows a highly increasing trend with significant variation, increasing in Q2 and Q3 2020. Investment efficiency shows a steady increase in retained earning on assets with little variation.