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 2348300000000.0 (%).Trend:Increase 13.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 2217800000000.0 (%).Trend:Decrease 5.56% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 2040500000000.0 (%).Trend:Decrease 7.99% than previous quarter

Overall: decreasing (-13.11%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 2617400000000.0 (%).Trend:Increase 0.12% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 2934300000000.0 (%).Trend:Increase 12.11% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 2657700000000.0 (%).Trend:Decrease 9.43% than previous quarter

Overall: increasing (1.54%). 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 4827200000000.0 (%).Trend:Increase 5.39% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 4972400000000.0 (%).Trend:Increase 3.01% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 5110700000000.0 (%).Trend:Increase 2.78% than previous quarter

Overall: increasing (5.87%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 255500000000.0 (%).Trend:Decrease 66.93% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 493300000000.0 (%).Trend:Increase 93.07% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 738300000000.0 (%).Trend:Increase 49.67% than previous quarter

Overall: increasing (188.96%). 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 56.85 (%).Trend:Increase 3.42% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 54.87 (%).Trend:Decrease 3.48% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 56.91 (%).Trend:Increase 3.72% than previous quarter

Overall: increasing (0.11%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.27 (USD).Trend:Decrease 56.36% than previous quarter
Year 2020 Quarter 2: Earning Per Share 2.46 (USD).Trend:Increase 93.7% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.62 (USD).Trend:Increase 47.15% than previous quarter

Overall: increasing (185.04%). Fluctuation: **Significant** (high variation).



Financial statements for Q1 to Q3 2020 show a mixed performance. Liabilities on revenue decreased slightly with little fluctuation.  Current assets on revenue showed a mixed trend, rising initially, then falling. Cost efficiency, measured by the ratio of retained earnings to revenue, displayed a consistent increase with little fluctuation. Selling, general, and administrative (SG&A) expenses, however, exhibited significant fluctuation, increasing substantially overall.  Investment efficiency in retained earnings on assets showed a very small increase, while earnings per share showed a substantial increase with significant volatility.