name	financial-health
description	Evaluate the financial health of an A-share company through earnings quality, cash conversion, working capital, leverage, and balance-sheet risk. Use this skill when revenue and profit trends diverge from cash flow, when debt and capex matter, or when impairment and receivable quality are major concerns. All outputs must include accessible source links.

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.md
skills/shared/references/citation-standard.md
skills/shared/references/financial-kpi-dictionary.md
skills/shared/references/analysis-pattern-selector.md
skills/shared/references/language-output-standard.md
skills/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.md and skills/financial-health/references/idc-balance-sheet-stress-guide.md are 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 items
Health 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.

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.md

skills/shared/references/citation-standard.md

skills/shared/references/financial-kpi-dictionary.md

skills/shared/references/analysis-pattern-selector.md

skills/shared/references/language-output-standard.md

skills/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.md and skills/financial-health/references/idc-balance-sheet-stress-guide.md are 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 items

Health 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.