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 13.2 (%).Trend:Decrease 59.82% than previous quarter
Year 2020 Quarter 3: Liabilities on Revenue 22.97 (%).Trend:Increase 74.02% than previous quarter
Year 2021 Quarter 1: Liabilities on Revenue 48.72 (%).Trend:Increase 112.1% than previous quarter

Overall: increasing (269.09%). Fluctuation: **Significant** (high variation).

Current assets on Revenue
Year 2020 Quarter 2: Current assets on Revenue 81.1 (%).Trend:Decrease 23.58% than previous quarter
Year 2020 Quarter 3: Current assets on Revenue 44.52 (%).Trend:Decrease 45.1% than previous quarter
Year 2021 Quarter 1: Current assets on Revenue 155.18 (%).Trend:Increase 248.56% than previous quarter

Overall: increasing (91.34%). 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 400.9 (%).Trend:Decrease 63.06% than previous quarter
Year 2020 Quarter 3: Ratio of Retained Earnings to Revenue 317.77 (%).Trend:Decrease 20.74% than previous quarter
Year 2021 Quarter 1: Ratio of Retained Earnings to Revenue 859.03 (%).Trend:Increase 170.33% than previous quarter

Overall: increasing (114.28%). 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 63.23 (%).Trend:Decrease 2.51% than previous quarter
Year 2020 Quarter 3: Retained Earning on Assets 63.5 (%).Trend:Increase 0.43% than previous quarter
Year 2021 Quarter 1: Retained Earning on Assets 56.38 (%).Trend:Decrease 11.21% than previous quarter

Overall: decreasing (-10.83%). Fluctuation: **Little** (low variation).

Earning Per Share


Financial statements for Q2 2020 to Q1 2021 show significant fluctuations in all analyzed areas. Liabilities on revenue increased substantially from Q2 to Q1, fluctuating dramatically. Current assets on revenue also show substantial volatility, with significant increases and decreases. Cost efficiency, as measured by the ratio of retained earnings to revenue, demonstrates a strong, albeit fluctuating, upward trend.  Invest efficiency, measured by retained earnings on assets, shows a modest overall decrease with only minor fluctuations.