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 57.83 (%).Trend:Decrease 49.66% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 39.55 (%).Trend:Decrease 31.61% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 154.84 (%).Trend:Increase 291.5% than previous quarter

Overall: increasing (167.75%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 165.43 (%).Trend:Decrease 47.22% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 112.87 (%).Trend:Decrease 31.77% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 400.0 (%).Trend:Increase 254.39% than previous quarter

Overall: increasing (141.79%). 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 -43.62 (%).Trend:Decrease 40.52% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue -32.1 (%).Trend:Decrease 26.41% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue -159.41 (%).Trend:Increase 396.6% than previous quarter

Overall: decreasing (265.45%). Fluctuation: **Significant** (high variation).

Selling, General & Administrative (SG&A) Expense Ratio
Year 2020 Quarter 2: Selling, General & Administrative (SG&A) Expense Ratio 15.39 (%).Trend:Increase 2.4% than previous quarter
Year 2020 Quarter 3: Selling, General & Administrative (SG&A) Expense Ratio 15.39 (%).Trend:Increase 0.0% than previous quarter
Year 2021 Quarter 1: Selling, General & Administrative (SG&A) Expense Ratio 19.54 (%).Trend:Increase 26.97% than previous quarter

Overall: increasing (26.97%). Fluctuation: **Neutral** (moderate variation).


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 -14.11 (%).Trend:Increase 9.21% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets -15.04 (%).Trend:Increase 6.59% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets -20.59 (%).Trend:Increase 36.9% than previous quarter

Overall: decreasing (45.92%). Fluctuation: **Significant** (high variation).

Earning Per Share
Year 2020 Quarter 2: Earning Per Share -5.57 (USD).Trend:Increase 4.31% than previous quarter
Year 2020 Quarter 3: Earning Per Share -5.72 (USD).Trend:Increase 2.69% than previous quarter
Year 2021 Quarter 1: Earning Per Share -0.3 (USD).Trend:Decrease 94.76% than previous quarter

Overall: increasing (-94.61%). Fluctuation: **Significant** (high variation).



Financial statements from Q2 2020 to Q1 2021 show considerable volatility in several metrics. Liabilities on revenue increased with significant fluctuations. Current assets on revenue displayed a similar pattern.  Cost efficiency, measured by the ratio of retained earnings to revenue, showed a substantial negative trend with high fluctuation.  SG&A expense ratio demonstrates a stable increasing trend. Investment efficiency shows a significant decreasing trend.  Earnings per share experienced substantial fluctuations.