It is an accounting report that measures a company's financial activities and summarizes them , which many investors value when it comes to investing in stocks.
This is objective data that can understand the company's profitability and business conditions. When investing, you must check the company's financial statements.
You can easily check each company's financials in this website Go to Apple Inc.
It's true that it's difficult, but you have to grow your eyes that know how to read financial statements.
1. Balance Sheet: Indicates information on assets, liabilities, and capital held by an entity as of a certain point in time
2. Income Statement: This table represents the management performance for a certain period of time, and shows the revenue and expenses generated from the management of the company
3. Cash Flow: It contains information on changes in cash in a company over a certain period of time.