Working Capital Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Liabilities on Revenue
Year 2020 Quarter 2: Liabilities on Revenue 101.26 (%).Trend:Decrease 63.91% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 135.81 (%).Trend:Increase 34.12% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 116.98 (%).Trend:Decrease 13.86% than previous quarter

Overall: increasing (15.52%). Fluctuation: **Neutral** (moderate variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 129.37 (%).Trend:Decrease 17.16% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 244.61 (%).Trend:Increase 89.08% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 182.14 (%).Trend:Decrease 25.54% than previous quarter

Overall: increasing (40.79%). Fluctuation: **Significant** (high variation).


Cost Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Ratio of Retained Earnings to Revenue
Year 2020 Quarter 2: Ratio of Retained Earnings to Revenue -256.24 (%).Trend:Decrease 55.96% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -169.07 (%).Trend:Decrease 34.02% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -157.57 (%).Trend:Decrease 6.8% than previous quarter

Overall: increasing (-38.51%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio

Invest Efficiency
The data from Quater 2 in 2020 to Quater 1 in 2021 includes 3 quarters.

Retained Earning on Assets
Year 2020 Quarter 2: Retained Earning on Assets -123.61 (%).Trend:Decrease 28.47% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -31.34 (%).Trend:Decrease 74.65% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -37.69 (%).Trend:Increase 20.26% than previous quarter

Overall: increasing (-69.51%). Fluctuation: **Significant** (high variation).

Earning Per Share


Significant fluctuations characterize the reviewed period (Q2 2020-Q1 2021).  Liabilities on revenue showed a net increase, while current assets on revenue also increased, but with considerably higher variability.  Cost efficiency metrics (Retained Earnings to Revenue and Retained Earnings on Assets) show overall decreases in absolute terms, also displaying significant volatility.  This suggests instability in financial performance requiring further investigation.