In the financial market, the semi-annual report generally refers to the financial statements of listed companies in the first half of the fiscal year. The semi-annual report generally includes the actual situation of the company's operating conditions, assets and liabilities, profits and losses in the last six months. However, in real economic life, semi-annual reports are generally disclosed in July-August every year.

How to understand the semi-annual report

In real economic life, the semi-annual report issued by listed companies contains most of the actual situation of the company, which can be used as a reference for investors to invest. According to the relevant requirements of China Securities Regulatory Commission, listed companies need to publish four financial reports in a fiscal year, namely, the first quarter, the interim period, the third quarter and the annual report. The most comprehensive and true of these four financial statements is the annual report of the enterprise. The annual report includes operating conditions, income loss, cash flow, etc. The financial status of all companies in the whole fiscal year, and the business plan of the enterprise for the next year.