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 128620000000.0 (%).Trend:Increase 42.28% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 105460000000.0 (%).Trend:Decrease 18.01% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 94960000000.0 (%).Trend:Decrease 9.96% than previous quarter

Overall: decreasing (-26.17%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 186980000000.0 (%).Trend:Increase 10.4% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 171410000000.0 (%).Trend:Decrease 8.33% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 168120000000.0 (%).Trend:Decrease 1.92% than previous quarter

Overall: decreasing (-10.09%). 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 198110000000.0 (%).Trend:Increase 5.18% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 203280000000.0 (%).Trend:Increase 2.61% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 215170000000.0 (%).Trend:Increase 5.85% than previous quarter

Overall: increasing (8.61%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 11130000000.0 (%).Trend:Decrease 70.71% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 23050000000.0 (%).Trend:Increase 107.1% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 38180000000.0 (%).Trend:Increase 65.64% than previous quarter

Overall: increasing (243.04%). 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 50.74 (%).Trend:Decrease 1.55% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 54.37 (%).Trend:Increase 7.15% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 58.3 (%).Trend:Increase 7.23% than previous quarter

Overall: increasing (14.9%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q1 2020 to Q3 2020 show liabilities and current assets on revenue declining, with moderate fluctuations.  Cost efficiency, as measured by the ratio of retained earnings to revenue, is increasing steadily.  Significant variance is present in the SG&A expense ratio, which is rising overall.  Investment efficiency (retained earnings on assets) is increasing steadily. Earnings per share data is missing.