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 137570300000.0 (%).Trend:Increase 83966247458.59% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 165581600000.0 (%).Trend:Increase 20.36% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 225116300000.0 (%).Trend:Increase 35.95% than previous quarter

Overall: increasing (63.64%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 166170300000.0 (%).Trend:Increase 104654427409.76% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 193988100000.0 (%).Trend:Increase 16.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 246573800000.0 (%).Trend:Increase 27.11% than previous quarter

Overall: increasing (48.39%). 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 28205300000.0 (%).Trend:Increase 80083191268.54% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 27813000000.0 (%).Trend:Decrease 1.39% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 34843000000.0 (%).Trend:Increase 25.28% than previous quarter

Overall: increasing (23.53%). Fluctuation: **Neutral** (moderate 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 7.26 (%).Trend:Decrease 24.53% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 6.73 (%).Trend:Decrease 7.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.45 (%).Trend:Increase 10.7% than previous quarter

Overall: increasing (2.62%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.03 (USD).Trend:Decrease 95.52% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.02 (USD).Trend:Decrease 33.33% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.42 (USD).Trend:Increase 2000.0% than previous quarter

Overall: increasing (1300.0%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1-Q3 2020 reveals a generally positive trend in key financial metrics.  Liabilities and current assets on revenue show steady increases, with a neutral fluctuation.  The ratio of retained earnings to revenue also displays a positive overall trend, although with moderate variation.  Retained earnings on assets shows a consistent positive trend with little fluctuation. Earnings per share demonstrates a large increase in Q3, while the previous quarters show negative growth; this shows significant fluctuation.