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 172100000000.0 (%).Trend:Increase 63.59% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 181100000000.0 (%).Trend:Increase 5.23% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 240000000000.0 (%).Trend:Increase 32.52% than previous quarter

Overall: increasing (39.45%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 477200000000.0 (%).Trend:Increase 3.33% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 628500000000.0 (%).Trend:Increase 31.71% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 675700000000.0 (%).Trend:Increase 7.51% than previous quarter

Overall: increasing (41.6%). 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 476400000000.0 (%).Trend:Increase 12.97% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 504800000000.0 (%).Trend:Increase 5.96% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 552600000000.0 (%).Trend:Increase 9.47% than previous quarter

Overall: increasing (15.99%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 38900000000.0 (%).Trend:Decrease 66.64% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 78200000000.0 (%).Trend:Increase 101.03% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 120600000000.0 (%).Trend:Increase 54.22% than previous quarter

Overall: increasing (210.03%). 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 41.33 (%).Trend:Increase 10.48% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 38.63 (%).Trend:Decrease 6.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 40.26 (%).Trend:Increase 4.22% than previous quarter

Overall: decreasing (-2.59%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.89 (USD).Trend:Decrease 61.8% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.68 (USD).Trend:Increase 88.76% than previous quarter
Year 2020 Quarter 3: Earning Per Share 2.69 (USD).Trend:Increase 60.12% than previous quarter

Overall: increasing (202.25%). Fluctuation: **Significant** (high variation).



Analysis of Q1-Q3 2020 reveals increasing liabilities and current assets on revenue, suggesting growth but needing monitoring for sustainability.  Retained earnings show steady growth, a positive sign of profitability.  However, the sharply increasing SG&A expenses warrant immediate investigation.  Investment efficiency, as shown by retained earnings on assets, decreased slightly, while earnings per share showed significant growth.