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 400340000000.0 (%).Trend:Increase 2.95% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 380570000000.0 (%).Trend:Decrease 4.94% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 431050000000.0 (%).Trend:Increase 13.26% than previous quarter

Overall: increasing (7.67%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 237250000000.0 (%).Trend:Increase 3.74% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 254270000000.0 (%).Trend:Increase 7.17% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 264050000000.0 (%).Trend:Increase 3.85% than previous quarter

Overall: increasing (11.3%). 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 737620000000.0 (%).Trend:Decrease 2.65% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 757120000000.0 (%).Trend:Increase 2.64% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 791400000000.0 (%).Trend:Increase 4.53% than previous quarter

Overall: increasing (7.29%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 62970000000.0 (%).Trend:Decrease 70.23% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 115420000000.0 (%).Trend:Increase 83.29% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 178870000000.0 (%).Trend:Increase 54.97% than previous quarter

Overall: increasing (184.06%). 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 25.92 (%).Trend:Decrease 1.63% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 26.44 (%).Trend:Increase 2.01% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 27.6 (%).Trend:Increase 4.39% than previous quarter

Overall: increasing (6.48%). Fluctuation: **Little** (low variation).

Earning Per Share


Working capital efficiency shows little fluctuation, with liabilities on revenue increasing slightly (7.67%) and current assets on revenue increasing more substantially (11.3%) across Q1-Q3 2020. Cost efficiency shows a significant fluctuation in SG&A expense ratio (184.06%), while retained earnings to revenue and retained earnings on assets show little fluctuation and are increasing (7.29% and 6.48% respectively).  Overall, the financial statements indicate slight improvements in working capital and cost efficiency, but a considerable variation in SG&A expenses.