Financial Statements Data


The Financial Statements Data (FSD – 1) comprises of all key variables from the financial statements of the firms listed on the Pakistan Stock Exchange. The data covers more than 25 years. This dataset has the following characteristics:

  • Available from the year 1996 to 2023 for all non-financial firms.

  • Download this file to see the firm-year combination for which data are available in our database.

  • The data is arranged in a long format, that is suitable for direct use in majority of the statistical softwares such Stata, R, Eviews, SPSS, or others.

  • The data is available in Excel, Stata, CSV, or any other desired format.

  • Company identifiers include both companies names and PSX assigned symbols

  • Numeric identifiers for industrial classification are included

Variables Available in our Database


Download this file to see the firm-year combination for which data are available in our database.

Balance Sheet Variables


  • Total Assets (ta)
  • Fixed Assets at cost (fac)

  • Fixed Assets after Depreciation (fan)

  • Current Assets (ca)

  • Account Receivables (ar)

  • Inventories (ity)

  • Cash and Equivialnts (ch)

  • Investments (inv)

  • Other Current Assets (oca)

  • Capital Work in Progress (cwip)
  • Shares Outstanding (nos)
  • Shareholder’s Equity (eq)
  • Authorized capital (osc)
  • Retained Earnings (re)
  • Total Liabilites (td)
  • Current Liabilites (ca)
  • Long-term Liabilites (ld)
  •  Book value per share (bv) 

Income Statement Variables


  • Sales (sale)

  • Cost of Goods Sold (cgs)

  • Gross Profit (gp)

  • Operating Expenses (oe)

  • Administrative Expenses (adme) 

  • Depreciation (dp)
  • EBIT (ebit)
  •  Interest Expenses (fe) 
  • EBT (ebt)
  • Taxes (tax)
  • Net Income (pat)
  • Cash Dividends (dvd)
  • Earning Per Share (eps)

  • Other Variables


  • Book to Market Ratio (bm)
  • Share Price  (price)
  • Year of incorporation (yoi)
  • Age of the Firm (age)
  • Operating Cash flows (cfo)
  • Financing Cash flows(cff)
  • Investing Cash flows (cfi)

Pricing of the Financial Data


This dataset is available at extremely affordable rates. The primary factor in setting such a low price is the consideration of the low purchasing power of students / researchers in Pakistan. Therefore, this dataset costs as low as Rs. 1250 per variable for a period of 5 years. See the following example of data pricing:

Fee Calculation Example:

As an example, please consider a data order of 5 variables for 5 years.

Variables needed: (1) Total Assets  (2) Total Liabilities  (3) Share Price (annual) (4) Sales (5) Net Income

Data Years : 2011 – 2018

Since the data fee is Rs. 1250 per variable for 5 years, the fee is:

Detail Values
Per variable per 5 years Rs. 1250
Number of variables 5
Years (8 /5 ) 1.6
Fee (1250 x 5 x 1.6) Rs. 10,000

We accept orders of Rs. 10,000 and above only.

Data Sample


The sample data is available in Excel and Stata format for download.

Order - Free commerce and shopping icons How to place an order


To place an order, please send us the following information in your email.

  1. Number of firms
  2. Years range
  3. List of variables and their definitions

Please send this information to the following email addresses:

attaullah.shah@imsciences.edu.pk
Stata.Professor@gmail.com

Example Email


Subject: Data Order Request

Dear OpenDoors.com Team

I would like to place an order for data. Below are the relevant details:

  1. Number of firms: 250
  2. Year coverage: 2008-2022
  3. List of variables:
    • Total Assets
    • Tobins Q
    • Directors ownership
    • Institutional Ownership
    • CEO Duality
    • (Add any additional variables here)

Thank you for your assistance.

Best regards,

[ Name][Contact Information]