At present, the financial statements published by listed companies in China basically summarize all the business activities of enterprises. Investors can identify the authenticity of their performance and the sustainability of future enterprise development through quantitative analysis of relevant indicators and subjects.
1, the fundamental reality of the company in the past year, the key performance in the cash flow statement. We should focus on whether the cash flow is greater than the inflow or the outflow is greater than the inflow, which is related to whether the company's financial situation is good or crisis.
2. Whether the company's accounts receivable are more or less over the years is related to whether the return rate of sales funds is low or high.
3. We should focus on whether the number of shareholders of the company is increasing or decreasing, especially the shareholding of the top 65,438+00 shareholders, whether the proportion of institutions is high or the proportion of individual shareholders is high, and whether the average number of shareholders is increasing or decreasing.
4. Pay attention to the shareholding situation of the members of the board of directors and the board of supervisors, whether it is all shares or less shares, whether it is more shares or less shares, which is related to whether the management of the company has confidence in the company's operation and management.
5. Don't just look at earnings per share, but look at its profit composition, whether the main business contributes more to net profit, and whether non-recurring income improves earnings per share.
6. No matter whether the company's bank loans increase or decrease, some companies do not occupy bank funds for a long time, which shows that the company's financial situation is very hard.
7. Whether the company's external secured loans are expanded or reduced. The more external guarantees, the greater the joint risks.
8. Pay special attention to the audit reports of accounting firms, which may include explanations on reducing accrual basis, recognizing income in advance, or other tricky explanations of the company.