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 4729700000.0 (%).Trend:Decrease 13.7% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 5110300000.0 (%).Trend:Increase 8.05% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 5169300000.0 (%).Trend:Increase 1.15% than previous quarter

Overall: increasing (9.29%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 21247400000.0 (%).Trend:Decrease 7.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 21296700000.0 (%).Trend:Increase 0.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 23111300000.0 (%).Trend:Increase 8.52% than previous quarter

Overall: increasing (8.77%). 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 32913700000.0 (%).Trend:Increase 6.33% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 33862500000.0 (%).Trend:Increase 2.88% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 35332200000.0 (%).Trend:Increase 4.34% than previous quarter

Overall: increasing (7.35%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio

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 48.54 (%).Trend:Increase 2.71% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 48.48 (%).Trend:Decrease 0.12% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 48.66 (%).Trend:Increase 0.37% than previous quarter

Overall: increasing (0.25%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.52 (USD).Trend:Decrease 71.11% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.0 (USD).Trend:Increase 92.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.54 (USD).Trend:Increase 54.0% than previous quarter

Overall: increasing (196.15%). Fluctuation: **Significant** (high variation).



Financial analysis of Q1 2020 to Q3 2020 reveals relatively stable working capital and cost efficiency metrics. Liabilities on revenue and current assets on revenue show minor increases with little fluctuation. The ratio of retained earnings to revenue also displays a steady increase with slight changes. Investment efficiency shows stability with a modest upward trend.  Earnings per share exhibit notable fluctuations, with a substantial overall increase. Overall, the company appears to have a positive financial outlook, with modest fluctuations in core metrics.