Financial Health
Diagnose whether the company's accounting profit is supported by real cash and a resilient balance sheet.
Non-Negotiable Rules
- Tie every ratio back to a public filing.
- State the reporting period and whether figures are audited or unaudited when known.
- Separate accounting facts from analytical judgment.
- Do not produce a target price here.
- Default every intermediate and final output to Simplified Chinese unless the user explicitly requests another language.
Read First
skills/shared/references/source-registry.mdskills/shared/references/citation-standard.mdskills/shared/references/financial-kpi-dictionary.mdskills/shared/references/analysis-pattern-selector.mdskills/shared/references/language-output-standard.mdskills/financial-health/references/red-flag-checklist.md- If the company is in an asset-heavy ramp, also load
skills/shared/references/asset-heavy-ramp-overlay.md. - If the company is an IDC or AI-compute asset-ramp case,
skills/shared/references/idc-heavy-asset-transition-overlay.mdandskills/financial-health/references/idc-balance-sheet-stress-guide.mdare optional example overlays.
When to Use
- Revenue is rising but profit or cash flow is weak.
- Working capital is expanding faster than sales.
- Debt, finance cost, guarantees, or capex may threaten the balance sheet.
Workflow
- Pull the latest annual, interim, and quarterly reports.
- Build a three-statement view: income statement, cash flow, balance sheet.
- Focus on cash conversion, receivables, contract assets, inventory, capex, debt, finance cost, and impairment.
- Compare current stress points with management explanation.
- Score liquidity, leverage, and earnings quality.
Required Output
事实: key line items, ratio set, debt schedule, impairment, working-capital trend解读: main structural problem, risk transmission path, likely breakpoints待验证问题: hidden guarantees, collection pace, refinancing schedule, off-balance-sheet itemsHealth Scorecard: earnings quality, cash conversion, liquidity, leverage, asset quality
Boundaries
- Do not restate the full industry structure.
- Do not select valuation methods here.
- Do not make a portfolio-allocation call.