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 16518900000.0 (%).Trend:Increase 18.67% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 15411800000.0 (%).Trend:Decrease 6.7% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 16996600000.0 (%).Trend:Increase 10.28% than previous quarter

Overall: increasing (2.89%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 24015800000.0 (%).Trend:Increase 15.35% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 25919300000.0 (%).Trend:Increase 7.93% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 22974100000.0 (%).Trend:Decrease 11.36% than previous quarter

Overall: decreasing (-4.34%). 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 16504900000.0 (%).Trend:Decrease 7.41% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 18491600000.0 (%).Trend:Increase 12.04% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 19188100000.0 (%).Trend:Increase 3.77% than previous quarter

Overall: increasing (16.26%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 5407600000.0 (%).Trend:Decrease 71.83% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 11169900000.0 (%).Trend:Increase 106.56% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 18092900000.0 (%).Trend:Increase 61.98% than previous quarter

Overall: increasing (234.58%). 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 33.9 (%).Trend:Decrease 15.9% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 36.92 (%).Trend:Increase 8.91% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 39.82 (%).Trend:Increase 7.85% than previous quarter

Overall: increasing (17.46%). Fluctuation: **Little** (low variation).

Earning Per Share


Analyzing Q1-Q3 2020 financial data shows a slight upward trend in liabilities on revenue (2.89%), but a decline in current assets on revenue (-4.34%).  Positively, retained earnings showed significant growth relative to revenue (16.26%) and assets (17.46%).  However, the SG&A expense ratio increased dramatically (234.58%), indicating potential areas for cost optimization.