Working Capital Efficiency
The data from Quater 1 in 2019 to Quater 3 in 2020 includes 3 quarters.

Liabilities on Revenue
Year 2019 Quarter 1: Liabilities on Revenue 178638200000.0 (%).Trend:Decrease 0.39% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 180821200000.0 (%).Trend:Increase 1.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 197884800000.0 (%).Trend:Increase 9.44% than previous quarter

Overall: increasing (10.77%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2019 Quarter 1: Current assets on Revenue 268538800000.0 (%).Trend:Increase 4.98% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 267908000000.0 (%).Trend:Decrease 0.23% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 289709000000.0 (%).Trend:Increase 8.14% than previous quarter

Overall: increasing (7.88%). Fluctuation: **Little** (low variation).


Cost Efficiency
The data from Quater 1 in 2019 to Quater 3 in 2020 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2019 Quarter 1: Ratio of Retained Earnings to Revenue 243630500000.0 (%).Trend:Increase 6.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 234819900000.0 (%).Trend:Decrease 3.62% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 240496400000.0 (%).Trend:Increase 2.42% than previous quarter

Overall: decreasing (-1.29%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2019 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 22699700000.0 (%).Trend:Decrease 65.21% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 43217100000.0 (%).Trend:Increase 90.39% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 65896400000.0 (%).Trend:Increase 52.48% than previous quarter

Overall: increasing (190.3%). Fluctuation: **Significant** (high variation).


Invest Efficiency
The data from Quater 1 in 2019 to Quater 3 in 2020 includes 3 quarters.

Retained Earning on Assets
Year 2019 Quarter 1: Retained Earning on Assets 50.38 (%).Trend:Decrease 0.06% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 51.15 (%).Trend:Increase 1.53% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 49.79 (%).Trend:Decrease 2.66% than previous quarter

Overall: decreasing (-1.17%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2019 Quarter 1: Earning Per Share 1.35 (USD).Trend:Decrease 68.16% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.14 (USD).Trend:Decrease 110.37% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.96 (USD).Trend:Decrease 785.71% than previous quarter

Overall: decreasing (-28.89%). Fluctuation: **Significant** (high variation).



Financial data from Q1 2019 to Q3 2020 shows a generally positive trend for liabilities on revenue, with a small overall increase and little fluctuation.  Current assets on revenue also increased with low variation.  Cost efficiency reveals a small overall decrease in the ratio of retained earnings to revenue, though fluctuations are present. The Selling, General & Administrative (SG&A) expense ratio shows a substantial overall increase, exhibiting significant fluctuation.  Investment efficiency shows a slightly decreasing trend in retained earnings on assets. Earning per share shows a significant overall decrease.