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中国金融人的基本投资技能之-尽职调查
Sou Hu Cai Jing· 2025-09-30 00:40
Group 1 - The core concept of due diligence involves a comprehensive investigation of a target company to assess its investment value and identify potential risks [3][4][6]. - Due diligence methods include document review, external information reference, personnel interviews, on-site investigations, and internal team communication [3][4][6]. - Key principles of due diligence emphasize neutrality, factual accuracy, personal involvement, focus on critical aspects, human factors, and comparative analysis with industry peers [4][6][9]. Group 2 - The scope of due diligence covers the company's basic information, management personnel, business and technology status, financial condition, and industry analysis [9][10][11]. - Financial analysis is based on the company's financial statements, including balance sheets, income statements, and cash flow statements, to evaluate past performance and predict future outcomes [34][35][36]. - Industry analysis is crucial for identifying investment opportunities and risks, focusing on market size, growth trends, regulatory environment, and competitive landscape [29][30][32]. Group 3 - The financial condition analysis includes basic financial data, financial ratios, tax situations, and profit forecasts to assess the company's financial health [16][17][18][19]. - Key financial ratios such as debt ratio, liquidity ratios, and profitability ratios are used to evaluate the company's financial stability and operational efficiency [51][52][64]. - The growth potential of the company is assessed through revenue growth rates and net profit growth rates, indicating the company's market position and future prospects [69][70]. Group 4 - The procurement situation involves analyzing the supply chain, major suppliers, and potential risks related to raw material availability and pricing stability [76][77]. - The production situation focuses on evaluating the company's production processes, technology, and compliance with environmental regulations [78].