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 913400000000.0 (%).Trend:Increase 16.79% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 728200000000.0 (%).Trend:Decrease 20.28% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 741000000000.0 (%).Trend:Increase 1.76% than previous quarter

Overall: decreasing (-18.87%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 1509000000000.0 (%).Trend:Decrease 16.26% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 1410600000000.0 (%).Trend:Decrease 6.52% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 1411000000000.0 (%).Trend:Increase 0.03% than previous quarter

Overall: decreasing (-6.49%). 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 4234500000000.0 (%).Trend:Increase 0.62% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 4275900000000.0 (%).Trend:Increase 0.98% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 4328500000000.0 (%).Trend:Increase 1.23% than previous quarter

Overall: increasing (2.22%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 176800000000.0 (%).Trend:Decrease 65.26% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 336200000000.0 (%).Trend:Increase 90.16% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 503900000000.0 (%).Trend:Increase 49.88% than previous quarter

Overall: increasing (185.01%). 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 91.63 (%).Trend:Decrease 7.36% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 94.85 (%).Trend:Increase 3.51% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 95.36 (%).Trend:Increase 0.54% than previous quarter

Overall: increasing (4.07%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 2.24 (USD).Trend:Decrease 64.1% than previous quarter
Year 2020 Quarter 2: Earning Per Share 4.48 (USD).Trend:Increase 100.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 6.92 (USD).Trend:Increase 54.46% than previous quarter

Overall: increasing (208.93%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 to Q3 of 2020 show a slight decrease in working capital efficiency with minimal fluctuation in liabilities on revenue (-18.87%) and a slight decrease in current assets on revenue (-6.49%). Cost efficiency reveals an increase in the ratio of retained earnings to revenue (2.22%) with low variation. However, SG&A expense ratio shows a significant increase (185.01%) with notable fluctuation. Investment efficiency also shows a modest increase (4.07%) in retained earnings on assets, with minor changes. Earnings per share demonstrate a significant increase (208.93%) with substantial fluctuation.  The significant variance in SG&A and earnings per share warrants further scrutiny.