
The introduction is to explain what are financial statements and who are interested in financial statements of companies. The introduction also outlines the scope of the course to enable students better understand the significance as well as the depth level of the course.
Learn why reading financial statements matters for stock investors: to boost investment success and avoid wasting time and money.
Learn how a balance sheet must balance, reflect assets, liabilities, and shareholders' equity on the last day of the financial year, with retained earnings indicating accumulated profits.
Examine the balance sheet as the snapshot of a company’s financial position, where assets equal liabilities plus shareholders' equity, with current and non-current assets and liabilities, and retained earnings.
Analyze manufacturing income statements across years to chart gross, operating, and net profit margins, compare trends, and assess competitive edge and effects of R&D and pandemic.
Examine how the income statement for a land transport service presents revenue, operating profit margin, and net profit margin across years, highlighting the 2020 pandemic impact.
Explore how a bank's income statement differs from product companies, highlighting net interest income, net interest margin, non-interest income, and key metrics like ROE, ROA, and price-to-book.
Learn how to assess a company's ability to cover finance costs using the interest cover ratio, with examples showing profitable, loss-making, and mid-range cases and the 3.0 threshold.
Learn to read income statements, identify gross, operating, and net profit and margins, and connect retained earnings to the balance sheet for evaluating company performance.
Explore cash flow in depth, including the cash flow statement, timing differences between transactions and cash, and how positive or negative cash flow affects dividends and ongoing concern.
Identify big cash items in financing and investing activities within the cash flow statement to explain why funds are raised and how they are deployed for investors.
Explain the statement of changes in equity, how profits, dividends, withdrawals, and share issues alter equity, and why stock investors rely on the balance sheet.
Explore how to read financial statements: balance sheet, income statement, cash flow statement, and assess annual reports, dates, and the full financial year for stock investing.
This course is to enable newbie or keen stock investors to arm with some basic skills in reading financial statements. The ability to read financial statements is the first step to be a good stock investor. It is a financial language that all stocks wannabe should aim to acquire to significantly augment the success rate in stock investments.
When one comes across the financial statements of a stock, the first thing that an investor should do is to be able to identify whether that stock is a good stock or a bad one. If the stock is a good one, what makes the company successful. And if the stock is a lousy one, then what makes it to be bad. This course aims to arm you with just that, at least at the first level.
As this is a course for the newbies and keen stock investors, we do not expect anything from the audience other than an enthusiastic learning mind to pick up some basic skills to increase your success rate in picking up stocks.
This is a basic but powerful course. It takes only about 2 hours of your time to focus on the essentials taught in the lessons. Pick up some skills for just a song!