Do you have such experience: you know every item number on the report, but you don't see what is the reason. You will only look at the total income, then the net profit, and then you don't know where to look. In the long run, stocks of a good company will rise more or less, and the standard of a good company is to see whether the company's financial data is good enough. Many friends will say: Wow! Finance, data, reports, and accounting all sound so difficult. Can I really learn it? Don't worry, understanding financial statements does not require you to become a financial expert. You only need to know some simple financial knowledge to easily determine whether a company is a good company and whether it has long-term growth potential.
Do you have such experience: you know every item number on the report, but you don't see what is the reason. You will only look at the total income, then the net profit, and then you don't know where to look. In the long run, stocks of a good company will rise more or less, and the standard of a good company is to see whether the company's financial data is good enough. Many friends will say: Wow! Finance, data, reports, and accounting all sound so difficult. Can I really learn it? Don't worry, understanding financial statements does not require you to become a financial expert. You only need to know some simple financial knowledge to easily determine whether a company is a good company and whether it has long-term growth potential.<br>
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