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 45640000000.0 (%).Trend:Increase 5.72% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 49020000000.0 (%).Trend:Increase 7.41% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 55970000000.0 (%).Trend:Increase 14.18% than previous quarter

Overall: increasing (22.63%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 58070000000.0 (%).Trend:Increase 3.57% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 61350000000.0 (%).Trend:Increase 5.65% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 62260000000.0 (%).Trend:Increase 1.48% than previous quarter

Overall: increasing (7.22%). 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 122900000000.0 (%).Trend:Increase 1.13% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 126430000000.0 (%).Trend:Increase 2.87% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 134050000000.0 (%).Trend:Increase 6.03% than previous quarter

Overall: increasing (9.07%). 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 53.62 (%).Trend:Increase 0.71% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 53.78 (%).Trend:Increase 0.3% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 52.3 (%).Trend:Decrease 2.75% than previous quarter

Overall: decreasing (-2.46%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.56 (USD).Trend:Decrease 80.76% than previous quarter
Year 2020 Quarter 2: Earning Per Share 1.68 (USD).Trend:Increase 200.0% than previous quarter
Year 2020 Quarter 3: Earning Per Share 3.46 (USD).Trend:Increase 105.95% than previous quarter

Overall: increasing (517.86%). Fluctuation: **Significant** (high variation).



Financial analysis for Q1 to Q3 2020 shows an increasing trend in liabilities on revenue (22.63%), with moderate fluctuation. Current assets on revenue also increased (7.22%), displaying little variation.  Retained earnings to revenue increased (9.07%) with low volatility. Retained earnings on assets decreased slightly (-2.46%), exhibiting minor fluctuations. Earnings per share (EPS) increased substantially (517.86%) with significant quarterly variation.