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 63200000000.0 (%).Trend:Increase 22.96% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 76900000000.0 (%).Trend:Increase 21.68% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 92400000000.0 (%).Trend:Increase 20.16% than previous quarter

Overall: increasing (46.2%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 50500000000.0 (%).Trend:Increase 21.39% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 73600000000.0 (%).Trend:Increase 45.74% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 72000000000.0 (%).Trend:Decrease 2.17% than previous quarter

Overall: increasing (42.57%). Fluctuation: **Neutral** (moderate 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 142700000000.0 (%).Trend:Increase 5.39% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 143100000000.0 (%).Trend:Increase 0.28% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 137800000000.0 (%).Trend:Decrease 3.7% than previous quarter

Overall: decreasing (-3.43%). 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 16.85 (%).Trend:Increase 1.44% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 16.25 (%).Trend:Decrease 3.56% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 15.54 (%).Trend:Decrease 4.37% than previous quarter

Overall: decreasing (-7.77%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements from Q1 2020 to Q3 2020 present a mixed picture. Liabilities and current assets on revenue exhibit substantial growth throughout the period, suggesting increasing operational activity. The ratio of retained earnings to revenue, however, decreased, indicating a drop in cost efficiency. Similarly, retained earnings on assets show a downward trend, potentially signaling a decline in investment efficiency.  This mixed performance warrants further investigation to understand the underlying causes.