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 6970400000000.0 (%).Trend:Increase 2.32% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 6946900000000.0 (%).Trend:Decrease 0.34% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 5956500000000.0 (%).Trend:Decrease 14.26% than previous quarter

Overall: decreasing (-14.55%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 5270400000000.0 (%).Trend:Increase 3.96% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 5655500000000.0 (%).Trend:Increase 7.31% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 4997100000000.0 (%).Trend:Decrease 11.64% than previous quarter

Overall: decreasing (-5.19%). 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 5853400000000.0 (%).Trend:Decrease 1.37% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 5604500000000.0 (%).Trend:Decrease 4.25% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 5509400000000.0 (%).Trend:Decrease 1.7% than previous quarter

Overall: decreasing (-5.88%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 879000000000.0 (%).Trend:Decrease 69.77% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 1859100000000.0 (%).Trend:Increase 111.5% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 2785700000000.0 (%).Trend:Increase 49.84% than previous quarter

Overall: increasing (216.92%). 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 10.73 (%).Trend:Decrease 0.74% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 10.23 (%).Trend:Decrease 4.66% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 10.23 (%).Trend:Increase 0.0% than previous quarter

Overall: decreasing (-4.66%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.63 (USD).Trend:Decrease 59.87% than previous quarter
Year 2020 Quarter 2: Earning Per Share 0.81 (USD).Trend:Increase 28.57% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.19 (USD).Trend:Increase 46.91% than previous quarter

Overall: increasing (88.89%). Fluctuation: **Significant** (high variation).



Financial performance from Q1 to Q3 2020 reveals a mixed picture. Working capital efficiency shows a slight decline in liabilities and current assets.  Cost efficiency displays notable volatility in SG&A expense ratios, increasing sharply then decreasing.  Investment efficiency reveals a stable downward trend in retained earnings on assets. Earnings per share demonstrates a significant rise over the three quarters.  Analyzing the underlying causes of these variations is crucial for better strategic decision-making.