Financial statements of private companies? - Seedly
 

Stocks Discussion

Investments

Asked by Anonymous

Asked on 11 Aug 2019

Financial statements of private companies?

Anyone knows where or is it even possible to get financial statements of private companies?

0

Answers (11)

Sort By

Most Upvote

  • Most Upvote
  • Most Recent

For private companies, you won't be able to get that information at all. Unless you know someone on the inside, or have managed to be offered a private placement.

0 comments

7
Daryl Liao. Full Time Investor.
Daryl Liao. Full Time Investor.
Level 7. Grand Master
Answered 2w ago

You may get some info from purchasing their Acra. But most of these private company information not for public. Unless you're buying over their company then can request them for their financial statements.

0 comments

6
Jonathan Ang
Jonathan Ang
Level 6. Master
Answered 2w ago

Dont think you cant get them unless your are a VC and you want to buy them out haha.

0 comments

3
Bibiana
Bibiana
Level 7. Grand Master
Answered 2w ago

Yeah, it is possible! I was working in a company previously and we would buy financial statements of private companies from ACRA!

0 comments

2
Eric Ong
Eric Ong, Project Analyst at 8Bit Global
Level 6. Master
Answered 2w ago

I didn't really did that before.

You may look from it in ACRA that may need to purchase.

https://www.acra.gov.sg/how-to-guides/buying-information/corporate-compliance-and-financial-profile

Some of the huge private company would do that like HuaWei.

https://www.huawei.com/en/press-events/annual-report

Or if you would like to invest in them, and they are opened for investors. You should request from the owner.

Of if a private company going for an IPO, there will publish a prospectus where you can find their financial statements there.​​​

0 comments

2
Bjorn Ng
Bjorn Ng
Level 8. Wizard
Answered 2w ago

Don't think it's possible at all. Only publicly listed companies are obligated to release their results to public.

Is there a particular reason you are looking for it?

0 comments

2
Choon Yuan Chan
Choon Yuan Chan
Level 8. Wizard
Answered 2w ago

Yes, it is possible. You can buy them from ACRA. However ACRA charges you each financial statement per company. If a private company has many subsidaries, you may have to purchase each subsidary financial statements to get a whole picture. Alternatively, you can be lazy and just buy the financial statment of the main company and hope you get a good picture of the private company.

I wonder why so many people answered "no" to this question here....

0 comments

1

Financial statements of private companies are not publicly available. Unless you have a private stake with their companies.

0 comments

1
Junus Eu
Junus Eu
Top Contributor

Top Contributor (Nov)

Level 9. God of Wisdom
Answered 2w ago

No. Unless you are an investor who invested in their private investment round and enjoy information rights.

0 comments

1

Since it is private company, the statement will not be made public. The best alternative is to check with the company itself, or if you know anyone there who is able to help you.

0 comments

0
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 12 Aug 2019

Not really possible. Unless you know the owner and they are willing to allow you to view them.

0 comments

0