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Read Financial Statements Like an Expert

Most traders chase patterns and hunches. But markets reward those who understand what companies actually do with their money. We teach fundamental analysis the way it's practiced in Seoul trading floors – focused, practical, and grounded in real accounting data.

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Professional trader analyzing financial statements and market data
Financial analysis workspace with reports and data charts

Why Most Traders Skip the Numbers (And Why You Shouldn't)

Financial statements aren't exciting. Balance sheets don't promise quick wins. But here's what nobody tells you – the traders making consistent returns aren't following chart patterns or market sentiment.

They're reading cash flow statements at 6am. They notice when operating margins shift by 2%. They understand debt ratios before earnings calls happen.

This isn't about becoming an accountant. It's about reading the same documents that institutional investors read, and actually understanding what you're looking at. We focus on KOSPI companies because that's where our students trade – but the principles work anywhere numbers matter.

01

Read Real Statements

We start with actual quarterly reports from companies you recognize. Not simplified examples – the real documents with footnotes, adjustments, and all the messy details that matter.

02

Spot Warning Signs

Learn what deteriorating fundamentals look like before the market reacts. Revenue quality issues. Inventory buildup. Cash conversion problems. The signals that show up in numbers first.

03

Build Your Framework

Everyone needs their own approach to analysis. We'll show you multiple frameworks used by professionals, then help you develop a system that matches how you actually make trading decisions.

Program Investment

Classes begin September 2025. Small groups of 8-12 participants ensure you get individual feedback on your analysis work.

Foundation Track

2,400,000
12 weeks / twice weekly sessions
  • Core financial statement analysis
  • Ratio analysis and interpretation
  • Cash flow assessment methods
  • Weekly practice assignments
  • Analysis template library
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Advanced Track

3,800,000
16 weeks / three sessions weekly
  • Everything in Foundation Track
  • Sector-specific analysis frameworks
  • Competitive positioning assessment
  • Management quality evaluation
  • Individual portfolio reviews
  • 6-month post-program support
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What You'll Actually Learn to Do

This isn't theory. By week eight, you'll be analyzing companies faster than most financial analysts. Here's what that process looks like.

Each step builds on the previous one. We don't move forward until you can execute the current stage without guidance. That's how you develop genuine skill rather than memorizing formulas.

Student reviewing financial analysis methodology and documentation
1

Extract Key Data

Pull the numbers that matter from financial statements. Identify adjustments and restate figures for accurate comparison.

2

Calculate Metrics

Apply ratio analysis and calculate relevant financial metrics. Understand which numbers matter for different business models.

3

Assess Trends

Compare current results against historical performance. Identify inflection points and deteriorating fundamentals early.

4

Form Conclusion

Synthesize data into actionable insights. Make informed decisions about valuation and potential investment timing.

Portrait of Taeyang Chung financial analyst
Taeyang Chung
Independent Equity Analyst
"

I spent three years trading based on technical signals and chat room tips. Made some wins, had more losses. Then I took this program in fall 2024 because I was tired of not understanding why stocks moved.

What changed wasn't my win rate initially – it was my confidence in position sizing. When I actually understood a company's financials, I could hold through volatility that would have shaken me out before. That alone transformed my results. Now I'm analyzing companies for other traders who don't have time to learn this themselves.

Stop Guessing. Start Reading the Numbers.

Next cohort starts September 2025. Space is limited to maintain the small group format. If you're tired of trading based on hope and market sentiment, it might be time to learn what the numbers actually say.