MindMap Gallery How to understand financial reports
Includes income statement, Balance Sheet, cash flow wait. Explain the German indicators in corporate financial reports to help you clarify your thinking when reading financial reports!
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Avatar 3 centers on the Sully family, showcasing the internal rift caused by the sacrifice of their eldest son, and their alliance with other tribes on Pandora against the external conflict of the Ashbringers, who adhere to the philosophy of fire and are allied with humans. It explores the grand themes of family, faith, and survival.
This article discusses the Easter eggs and homages in Zootopia 2 that you may have discovered. The main content includes: character and archetype Easter eggs, cinematic universe crossover Easter eggs, animal ecology and behavior references, symbol and metaphor Easter eggs, social satire and brand allusions, and emotional storylines and sequel foreshadowing.
[Zootopia Character Relationship Chart] The idealistic rabbit police officer Judy and the cynical fox conman Nick form a charmingly contrasting duo, rising from street hustlers to become Zootopia police officers!
How to understand financial reports
income statement
After getting the income statement, you can quickly read the operating income and net profit, and get a general understanding of the company's situation.
Information contained in the income statement
First, the market for the company's products can be seen from the revenue.
Second, profits can tell whether a company's performance is good or not.
The third is to see the company's profit model from non-operating income
The fourth is to find out whether the statements are fraudulent from the statements of several consecutive years.
Important indicators in the income statement
Operating income: Transactions and collections carried out at the same time are directly reflected in the revenue. Transactions and collections that are not synchronized shall not be reflected in the amount of accounts receivable and advance receipts.
Operating costs: costs incurred to obtain revenue
Gross profit and gross profit margin: = revenue - expenses
Taxes and surcharges: = value-added tax consumption tax
Sales expenses and sales expense ratio: Companies generally pursue a model with a low sales expense ratio
Management expenses: reflect the benefits of management
R&D expenses: R&D expenses and the company’s high gross profit margin support each other.
Financial expenses: reflect the quality of corporate financing management
Total profit: The proportion of gross profit can reflect the company's long-term profitability
Gross profit margin, sales expense rate, administrative expense rate, R&D expense rate and core profit margin
Steps to read the income statement
A look at corporate revenue Second, look at corporate profits 3. Segmentation analysis of corporate profit structure
Balance Sheet
Assets: Only assets that can be expressed in currency are reflected in the balance sheet.
Current assets: generally refer to assets that can be converted into cash within one year
Illiquid assets: those that cannot be converted into cash within one year
Liabilities: money owed by a business
Divided into current liabilities and non-current liabilities, the same as assets
Net Worth: Assets - Liabilities
Steps to read the balance sheet
A look at changes in asset size Second, look at changes in asset structure Third, look at the relationship between current assets and liabilities (2:1)
cash flow
Cash flow consists of three parts: first, cash flow generated from operating activities; second, cash flow generated from investing activities; third, cash flow generated from financing activities.
The relationship between the three tables
subtopic
What do the three statements reflect?
① The balance sheet reflects the resource status of the enterprise at a certain point in time and on a certain day (such as December 31, March 31, June 30, September 30, etc.) (including both the specific application structure of the resources and the including the source structure of the resource).
② The income statement reflects the profit status of the enterprise (including both the scale of profit and the structure of profit, etc.) in a certain period (such as a certain month, a certain quarter, a certain half year, a certain year, etc.), as well as the value creation of the enterprise's assets in a certain period. Case.
③ The cash flow statement reflects the inflow and outflow of an enterprise's monetary funds in a certain period, as well as where the enterprise's money comes from and where it goes.