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 1483000000000.0 (%).Trend:Increase 33.53% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1645500000000.0 (%).Trend:Increase 10.96% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 1490500000000.0 (%).Trend:Decrease 9.42% than previous quarter

Overall: increasing (0.51%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 2455100000000.0 (%).Trend:Increase 20.8% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 2786800000000.0 (%).Trend:Increase 13.51% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 2703100000000.0 (%).Trend:Decrease 3.0% than previous quarter

Overall: increasing (10.1%). 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 1787100000000.0 (%).Trend:Increase 4.85% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 1961600000000.0 (%).Trend:Increase 9.76% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 2087200000000.0 (%).Trend:Increase 6.4% than previous quarter

Overall: increasing (16.79%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 211700000000.0 (%).Trend:Decrease 59.69% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 447100000000.0 (%).Trend:Increase 111.2% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 698400000000.0 (%).Trend:Increase 56.21% than previous quarter

Overall: increasing (229.9%). 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 51.6 (%).Trend:Decrease 11.66% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 51.01 (%).Trend:Decrease 1.14% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 54.25 (%).Trend:Increase 6.35% than previous quarter

Overall: increasing (5.14%). Fluctuation: **Little** (low variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 3.58 (USD).Trend:Decrease 78.05% than previous quarter
Year 2020 Quarter 2: Earning Per Share 17.41 (USD).Trend:Increase 386.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share 27.53 (USD).Trend:Increase 58.13% than previous quarter

Overall: increasing (668.99%). Fluctuation: **Significant** (high variation).



From Q1 2020 to Q3 2020, working capital efficiency, as measured by liabilities and current assets on revenue, increased modestly with little fluctuation. The ratio of retained earnings to revenue also showed a consistent increase, indicating improved cost efficiency.  The SG&A expense ratio, however, increased significantly, exhibiting high variability. Investment efficiency (retained earnings on assets) saw a small overall increase, with minimal fluctuation. Earnings per share showed a dramatic overall increase, although it was highly volatile.