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 245650000000.0 (%).Trend:Decrease 2.58% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 268290000000.0 (%).Trend:Increase 9.22% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 236830000000.0 (%).Trend:Decrease 11.73% than previous quarter

Overall: decreasing (-3.59%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 447200000000.0 (%).Trend:Increase 9.67% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 428820000000.0 (%).Trend:Decrease 4.11% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 401520000000.0 (%).Trend:Decrease 6.37% than previous quarter

Overall: decreasing (-10.21%). 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 433790000000.0 (%).Trend:Increase 2.09% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 446510000000.0 (%).Trend:Increase 2.93% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 451930000000.0 (%).Trend:Increase 1.21% than previous quarter

Overall: increasing (4.18%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 18940000000.0 (%).Trend:Decrease 66.72% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 36040000000.0 (%).Trend:Increase 90.29% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 54810000000.0 (%).Trend:Increase 52.08% than previous quarter

Overall: increasing (189.39%). 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 42.57 (%).Trend:Decrease 1.78% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 44.68 (%).Trend:Increase 4.96% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 46.25 (%).Trend:Increase 3.51% than previous quarter

Overall: increasing (8.64%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 1.59 (USD).Trend:Decrease 56.56% than previous quarter
Year 2020 Quarter 2: Earning Per Share 3.01 (USD).Trend:Increase 89.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.86 (USD).Trend:Increase 28.24% than previous quarter

Overall: increasing (142.77%). Fluctuation: **Significant** (high variation).



Financial performance in Q1-Q3 2020 shows mixed results.  Working capital efficiency reveals decreasing liabilities and current assets on revenue, indicating potential operational challenges.  Cost efficiency, however, exhibits a notable increase in the SG&A expense ratio, suggesting potential overspending.  Conversely, the ratio of retained earnings to revenue and retained earnings on assets show slight but consistent increases, suggesting positive trends in profitability and investment efficiency.  Earnings per share also experienced significant fluctuations, increasing substantially from Q1 to Q3.  Overall, the data indicates substantial volatility, particularly in SG&A and earnings per share.