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 100720000000.0 (%).Trend:Decrease 2.68% than previous quarter
Year 2020 Quarter 2: Liabilities on Revenue 86090000000.0 (%).Trend:Decrease 14.53% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 106520000000.0 (%).Trend:Increase 23.73% than previous quarter

Overall: increasing (5.76%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 1: Current assets on Revenue 218930000000.0 (%).Trend:Decrease 10.02% than previous quarter
Year 2020 Quarter 2: Current assets on Revenue 248020000000.0 (%).Trend:Increase 13.29% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 285030000000.0 (%).Trend:Increase 14.92% than previous quarter

Overall: increasing (30.19%). 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 49390000000.0 (%).Trend:Increase 23.01% than previous quarter
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue 41110000000.0 (%).Trend:Decrease 16.76% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 49360000000.0 (%).Trend:Increase 20.07% than previous quarter

Overall: decreasing (-0.06%). Fluctuation: **Little** (low variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19540000000.0 (%).Trend:Decrease 70.18% than previous quarter
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 34960000000.0 (%).Trend:Increase 78.92% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 51610000000.0 (%).Trend:Increase 47.63% than previous quarter

Overall: increasing (164.12%). 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 7.73 (%).Trend:Increase 28.83% than previous quarter
Year 2020 Quarter 2: Retained Earning on Assets 6.16 (%).Trend:Decrease 20.31% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 7.01 (%).Trend:Increase 13.8% than previous quarter

Overall: decreasing (-9.31%). Fluctuation: **Neutral** (moderate variation).

Earning Per Share
Year 2020 Quarter 1: Earning Per Share 0.22 (USD).Trend:Decrease 75.28% than previous quarter
Year 2020 Quarter 2: Earning Per Share -0.13 (USD).Trend:Decrease 159.09% than previous quarter
Year 2020 Quarter 3: Earning Per Share 0.22 (USD).Trend:Decrease 269.23% than previous quarter

Overall: stable (0.0%). Fluctuation: **Significant** (high variation).



Q1 2020 to Q3 2020 financial statements reveal a complex financial picture.  Liabilities and current assets on revenue showed increasing trends, with moderate fluctuations. Cost efficiency, measured by the retained earnings ratio to revenue, showed little change with a low fluctuation. Selling, general, and administrative (SG&A) expenses increased significantly, with high fluctuation. Investment efficiency indicated a slight decrease in retained earnings on assets with moderate fluctuation. Earnings per share were unstable, showing significant fluctuations.