中文：

年报是指公司年度财务报表，它反映了公司在一年内的财务状况和经营成果。年报是公司向股东、债权人、监管机构等利益相关方提供的重要信息，也是投资者评估公司价值的重要依据。

年报的内容包括财务报表、经营情况说明、管理层讨论与分析等。其中，财务报表是年报的核心内容，它包括资产负债表、利润表和现金流量表等。这些报表反映了公司的资产、负债、所有者权益以及收入、费用和现金流等关键财务数据。

通过阅读年报，投资者可以了解公司的财务状况、经营策略、业绩表现等方面的信息。这些信息有助于投资者做出更明智的投资决策，同时也能够促进市场的透明度和公正性。

英文：

Annual report refers to the annual financial statement of a company, which reflects its financial status and business performance during the year. The annual report is an important information provided by the company to stakeholders such as shareholders, creditors, regulatory agencies, and is also an important basis for investors to evaluate the value of the company.

The content of the annual report includes financial statements, operating situation explanations, management discussion and analysis, etc. Among them, the financial statements are the core content of the annual report, including balance sheet, profit statement and cash flow statement. These statements reflect the key financial data of the company's assets, liabilities, owner's equity, as well as revenue, expenses and cash flow.

By reading the annual report, investors can understand the information of the company's financial status, business strategy, performance, etc. This information helps investors make more informed investment decisions and promote market transparency and fairness.