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 27900000000.0 (%).Trend:Increase 24.66% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 28590000000.0 (%).Trend:Increase 2.47% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 31220000000.0 (%).Trend:Increase 9.2% than previous quarter

Overall: increasing (11.9%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 77200000000.0 (%).Trend:Increase 14.47% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 70590000000.0 (%).Trend:Decrease 8.56% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 74060000000.0 (%).Trend:Increase 4.92% than previous quarter

Overall: decreasing (-4.07%). 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 15200000000.0 (%).Trend:Increase 45.73% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 18290000000.0 (%).Trend:Increase 20.33% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 21170000000.0 (%).Trend:Increase 15.75% than previous quarter

Overall: increasing (39.28%). Fluctuation: **Neutral** (moderate 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 5.8 (%).Trend:Increase 23.4% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 7.14 (%).Trend:Increase 23.1% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 8.03 (%).Trend:Increase 12.46% than previous quarter

Overall: increasing (38.45%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.65 (USD).Trend:Decrease 65.97% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.34 (USD).Trend:Increase 106.15% than previous quarter
Year 2020 Quarter 3: Earning Per Share 1.99 (USD).Trend:Increase 48.51% than previous quarter

Overall: increasing (206.15%). Fluctuation: **Significant** (high variation).



Financial statements from Q1 2020 to Q3 2020 depict a moderate increase in liabilities on revenue (11.9%), along with a slight decrease in current assets (-4.07%).  Cost efficiency demonstrated a substantial increase in the ratio of retained earnings to revenue (39.28%), and investment efficiency also showed consistent improvement (38.45%). Earnings per share (EPS) increased by a notable margin (206.15%), exhibiting significant quarter-on-quarter fluctuations.