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 189061900000.0 (%).Trend:Decrease 12.02% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 225827600000.0 (%).Trend:Increase 19.45% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 224039100000.0 (%).Trend:Decrease 0.79% than previous quarter

Overall: increasing (18.5%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 228383700000.0 (%).Trend:Decrease 12.39% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 270497700000.0 (%).Trend:Increase 18.44% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 316368800000.0 (%).Trend:Increase 16.96% than previous quarter

Overall: increasing (38.53%). 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 326935900000.0 (%).Trend:Increase 5.87% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 334199000000.0 (%).Trend:Increase 2.22% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 345188000000.0 (%).Trend:Increase 3.29% than previous quarter

Overall: increasing (5.58%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 43.12 (%).Trend:Increase 7.24% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 40.75 (%).Trend:Decrease 5.5% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 39.25 (%).Trend:Decrease 3.68% than previous quarter

Overall: decreasing (-8.97%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.54 (USD).Trend:Decrease 52.63% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.88 (USD).Trend:Increase 62.96% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.35 (USD).Trend:Increase 53.41% than previous quarter

Overall: increasing (150.0%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2020 to Q3 2020 reveals a generally positive trend across several key areas. Liabilities on revenue are increasing with little variation (18.5%).  Current assets on revenue are also increasing (38.53%) with moderate variation. The ratio of retained earnings to revenue displays a consistent upward trend (5.58%) with minor fluctuations. Retained earnings on assets, however, show a downward trend (-8.97%) with little variation. Earnings per share, in contrast, demonstrate significant fluctuation, showing a considerable overall increase (150%).