Company financial statements form the backbone of this website. Three types of statements are presented: the income statement, balance sheet, and statement of cash flows.
The income statement reports how much a company earned during the period of analysis. The balance sheet summarizes what a firm owns and what it owes at a given point in time. The cash flow statement reports cash inflows and outflows during a given period.
In all cases, MalawiInvestor.com presents information drawn from financial statements on an “as reported” basis. Where available, in addition to the data presented on the website itself, we provide original company-issued documents in PDF format for download.
Analysis of the financial statements presented on MalawiInvestor.com can provide a wealth of information to investors. For those of you unfamiliar with financial statement analysis, we suggest checking out the U.S. Securities and Exchange Commission’s Beginners’ Guide to Financial Statements. A web search for “financial statement analysis” will also produce numerous free, online sources of further information.
In addition to financial statements, MalawiInvestor.com calculates and presents numerous financial ratios for our users. As useful indicators of a company’s operating and financial performance, financial ratios are the cornerstone of fundamental analysis.
Some ratios – return on assets, for example – are applicable across all industries. Others – a bank’s non-performing loan coverage ratio or a supermarket’s cash conversion cycle – are not. For this reason, the ratios presented on MalawiInvestor.com vary by the industry and sector of the company in question.
The ratios presented on this website can be used to identify trends for one company over time or to compare two or more companies in the same sector – for example, National Bank of Malawi and NBS Bank – to see how they compare to each other.
Comparing the same ratio for a given company over time is a useful way to identify positive and negative trends. Successful companies generally have sound ratios, so deterioration in a given area could provide cause for concern for the company’s future prospects. Similarly, if a given company’s ratios are not as good as a competitor’s, or are below their industry’s average, the company may not be as well managed as others.
Although dozens of ratios are presented on MalawiInvestor.com, many more may be calculated using the financial statements contained on our site. A quick web search will yield scores of websites, articles, courses, videos and other material to help you understand the principles and specifics of ratio analysis.
How to Invest
MalawiInvestor.com is designed as a tool for investment research.
Once you are ready to invest, you will need to contact a stockbroker. A list of brokers authorized to trade on the MSE can be found on the “Brokers” tab of this website. The broker of your choice can walk you through the account opening and transaction process.
To invest on the Malawi Stock Exchange a prospective investor must open an account with a broker. Although account opening requirements vary from one firm to the next, some general requirements hold across the board.
The Malawi Stock Exchange (MSE) provides pricing data for all listed securities on the MSE’s website. Reports are also available for download.
MalawiInvestor.com does not, at present, provide real-time or historical share price data. We do, however, have historical price data for all listed securities in Malawi available for purchase. Please feel free to contact us to discuss your requirements.