Many factors are there, which investors look if to purchase or sell the stocks. One product investors look at are financial statements’ business. The financial statements consist of:
- Balance Sheet
- Cash Flow
- Income Statement
Investors can utilize numbers from financial statements for making their individual investment decisions.
we will exhibit you how to extract financial statements on Yahoo as well as export them in the spreadsheet within a few minutes!
For a start, you will require a powerful data scraping tool. We believe you’ll enjoy Scraping Intelligence data scraper here because of its features.
Extracting Financial Statements on Yahoo
Yahoo Finance is having all financial statements for businesses, which are listed within stock market. You could just search stocks, view financial statements, as well as choose which one you wish to view.
Because extracting every financial statement is similar, we would teach you how to extract every financial statement as well as how to extract every sheet on single project.
So let's start.
Extract Income Statements, Balance Sheets, & Cash Flows from Yahoo Finance
Initially, we would show how you could extract financial statements discretely. As every financial statement has different URLs, you would require to get 3 different scraping projects.
Extracting Income Statements
Income Statement URLs
1. Whenever you submit a project URL, our web Scraper will render a webpage. Now, you can choose the initial element you’d love to scrape.
2. Choose the initial row under a breakdown column that is “Total Revenue”. This will get highlighted in color green to suggest that this is getting scraped.
3. On left-hand sidebar, just rename selection with ‘Breakdown’. Web Scraper is now drawing the text.
4. Then, we will choose the rest breakdown labels within the list that are highlighted in color yellow. Just click on second label called “Cost of Revenue” given on a list to choose them all. Now, they would all get highlighted in color green.
5. Now, we will ask data Scraper to pull numbers, which are associated to every breakdown. For do so, just click on PLUS (+) symbol next to breakdown selection as well as opt for ‘Relative Select’ command.
6. Utilizing the command ‘Relative Select’, just click on first breakdown label, which is highlighted in the color orange as well as on dollar amount within column besides that. The arrow would appear to exhibit the relationship you’re making.
7. You could need to repeat the procedure for other products to completely train the data scraper. On left-hand sidebar, just rename the selection to date in case TTM.
8. Just repeat the steps 5 to 7 to get more information from last years on financial statements. Make sure to just rename accordingly. While renaming the selections, you just can’t start with the number. You may name this selection with Sept_30_2020.
9. When you get everything you need to scrape, just click on green colored "Get Data" switch to start the project.
Extracting Cash Flows
Cash Flow URLs
1. When you submit a project URL, web crawler will render a webpage. Now, you can opt the initial element you’d love to scrape.
2. Choose the initial row under breakdown column that is “Operating Cash Flow”. This will get highlighted in color green to suggest that it’s getting scraped.
3. On left-hand sidebar, just rename this selection with Breakdown. Scraping Intelligence Scraper is now drawing the text.
4. Now, we would choose rest breakdown labels given on a list that are highlighted in color yellow. Just click on second label called “Investing Cash Flow” given on listing to choose them all. They would all get highlighted in color green.
5. Now, we would ask our web data Scraper to pull numbers, which are associated to every breakdown. For doing so, just click on PLUS (+) symbol next to breakdown selection as well as select the command ‘Relative Select'.
6. Utilizing ‘Relative Select’ command, just click on initial breakdown label, which is highlighted in color Orange as well as on dollar amount in a column besides that. One arrow would come to show the relationship you’re making.
7. You could need to repeat the procedure for other products to completely train the data scraper. On left-hand sidebar, just rename the selection to date with this case called TTM.
8. Repeat the steps 5 to 7 for getting more data from last years on financial statements. Make certain to rename accordingly. Note that while renaming the selections, you just cannot begin with any number. You could name the selection with Sept_30_2020.
9. When you get everything you wish to scrape, just click on green colored "Get Data" switch to start a project.
Extracting Balance Sheets
Balance Sheet URLs
1. When you submit a URL for the project, Scraping Intelligence Scraper will render a webpage. You would now can choose the initial element you’d love to scrape.
2. Choose the initial row under a breakdown column that is called “Total Assets”. This will get highlighted in color green to suggest that this is being scraped.
3. On left-hand sidebar, just rename this selection with Breakdown. Now, Scraping Intelligence is drawing the text.
4. Now, we would choose the rest of breakdown labels given on a list that are highlighted with color yellow. Just click on second label called “Total Liabilities Net Minority” given on a list to choose them all. They would all get highlighted in color green.
5. Now, we will ask Scraping Intelligence Scraper to pull numbers, which are associated to every breakdown. For doing that, just click on PLUS (+) symbol next to the breakdown selection as well as opt for ‘Relative Select’ command.
6. With ‘Relative Select’ command, just click on initial breakdown label, which is highlighted in color Orange as well as then on dollar amount with the column besides that. An arrow would come to show an association you’re making.
7. You could need to repeat the procedure for other product to completely train a data scraper. On left-hand sidebar, just rename the selection to a date in that case Sept_30_2020.
8. Just repeat the steps 5 to 7 for pulling more data from last years on financial statements. Make sure to rename accordingly.
9. When you get everything you need to scrape, just click on green colored "Get Data" switch to start your project.
Now as you understand how to extract every financial statement individually, let’s exhibit you how to extract all the 3 statements at one project!
Extracting Cash Flows, Balance Sheets, as well as Income Statements within One Project.
For scraping all the 3 financial statements, you would require web scraper to click on every financial statement then extract the required information. For instance, we will start a balance sheet URL, then just click on an income statement as well as cash flow.
Next Steps Get Completed after Scraping the Breakdown Labels as well as Dollar Amounts.
1. On left-hand sidebar, just rename the template with Balance_sheet. It will assist us in keeping our well-organized templates.
2. Just click on PLUS (+) symbol next to “page” selection as well as opt the ‘Select’ command.
3. Choose the link of ‘Cash Flow’. Just rename this selection with “cash_flow”.
4. Increase the “cash_flow” selection with an icon next to that as well as delete both “scrape” commands underneath “cash_flow” collection.
5. Just click on PLUS (+) symbol next to “cash_flow” selection as well as opt the ‘Click’ command.
6. One pop-up will come asking if it is the “next page” link. Just click on “No” as well as enter the name for template. We would call that “cash_flow”. Now, you would be taken the page cash flow.
7. The new ‘Select’ command would automatically get created. Choose the data you wish to scrape. You can utilize “Scraping cash flow statements” to guide you.
8. When you’re done with extracting everything on a cash flow statement. Then return to the balance sheet template and click on PLUS (+) symbol next to “page” selection below “balance_sheet” template as well as opt for ‘Select’ command.
9. Choose the income statement links. Just rename the selection with “income_statement”.
10. Increase the “income_statement” selection with an icon next to that as well as delete both “scrape” commands below “income_statement” selection.
11. Just click on PLUS (+) symbol next to “income_statement” selection as well as opt on ‘Click’ command.
12. One pop-up would come asking if it is the “next page” links. Just click on option “No” as well as enter name for the template. We would call that “income_statement”. Now, you would be considered the income statement pages.
13. One new ‘Select’ command would automatically be made. Choose the data you wish to extract. You could utilize “Scraping Income statements” for helping you guide.
The final project would look like that:
Run the Web Extraction Project
Now the time has come for a fun part, just run the data scraping project! Just click on green colored “Get Data” switch.
On the screen, you can test, run or reschedule the project.
For big-size projects, we suggest testing it for making sure that it's extracting data correctly.
Here, we would just run that straight away.
Conclusion
You can utilize this guide for helping you scraping financial statements for a business on stock market. You could utilize these spreadsheets for helping you do calculations as well as make valued investment decisions.
We know that projects could get very complex. In case, you want any assistance with all your projects, you can call our customer support team anytime!
For more information, contact us or ask for a free quote!
