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 1209272600.0 (%).Trend:Decrease 49.27% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 1040075600.0 (%).Trend:Decrease 13.99% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 1025389400.0 (%).Trend:Decrease 1.41% than previous quarter

Overall: decreasing (-15.21%). Fluctuation: **Little** (low variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 4061915700.0 (%).Trend:Decrease 11.26% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 3858109100.0 (%).Trend:Decrease 5.02% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 3962367100.0 (%).Trend:Increase 2.7% than previous quarter

Overall: decreasing (-2.45%). 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 455913200.0 (%).Trend:Increase 43.05% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 571613400.0 (%).Trend:Increase 25.38% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 700939800.0 (%).Trend:Increase 22.62% than previous quarter

Overall: increasing (53.74%). Fluctuation: **Neutral** (moderate variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 325337200.0 (%).Trend:Decrease 66.86% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 518444700.0 (%).Trend:Increase 59.36% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 654217100.0 (%).Trend:Increase 26.19% than previous quarter

Overall: increasing (101.09%). 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 9.25 (%).Trend:Increase 70.04% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 11.86 (%).Trend:Increase 28.22% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 14.26 (%).Trend:Increase 20.24% than previous quarter

Overall: increasing (54.16%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share


Financial statements from Q1 to Q3 2020 highlight a mixed performance. Liabilities on revenue declined, while current assets on revenue also experienced a slight decrease. Conversely, there's a significant increase in cost efficiency, specifically in the ratio of retained earnings to revenue. SG&A expense ratio also shows a significant increase in the reported data. Finally, retained earnings on assets show a steady upward trend.