IRR and MOIC analysis for China-focused private equity and investment funds. Adapted from the original returns-analysis skill for RMB/USD fund structures, China market conventions, and Chinese portfolio companies. Triggers on "A股基金回报", "IRR分析", "returns China", "MOIC analysis China", "基金业绩分析", or "portfolio returns review".
インストールする前に、エージェントに与えられる指示の中身を確認できます。
Analyze and report on 中国私募基金回报表现 using IRR, MOIC, and related metrics.
| Metric | Formula | Benchmark |
|---|---|---|
| IRR (Internal Rate of Return) | Discounted cash flow rate | 15-20%+ for top China PE |
| MOIC (Multiple on Invested Capital) | Total returned / Total invested | 2.0-3.0x typical |
| TVPI (Total Value to Paid-In) | (Distributed + NAV) / Paid-in | >2.0x target |
| DPI (Distributed to Paid-In) | Distributions / Paid-in | 0.5-1.0x early stage |
| RVPI (Residual Value to Paid-In) | NAV / Paid-in | >1.0x for active funds |
| Metric | Description | Benchmark |
|---|---|---|
| 人民币IRR | Returns in CNY | 12-18% for quality funds |
| 美元IRR | Returns in USD (hedged/unhedged) | 15-25% |
| 项目回报 | Per-investment IRR/MOIC | 20-30% IRR target |
| 基金回报 | Fund-level IRR | Top quartile: 20%+ |
| 现金回款 | Distributions received | Annual yield target |
wind-mcp（需 WIND_API_KEY 密钥，以 ak_ 开头）When IFIND_AUTH_TOKEN is configured, iFind is the preferred data source. For equivalent iFind tools, see
china-market-dataskill.
| Data | Source | Notes |
|---|---|---|
| 基金估值报告 | Fund administrator | Monthly/quarterly NAV |
| 投资项目数据 | Portfolio company reports | Financials, valuations |
| 交易文件 | Investment agreements | Deal terms, waterfalls |
| 清科 / 投中 | Industry data | Benchmark comparisons |
Fund overview table:
| Fund | Vintage | Size (亿) | Committed | Called | Distributed | NAV | TVPI | IRR |
|---|---|---|---|---|---|---|---|---|
| Fund I | 2018 | 30 | ||||||
| Fund II | 2021 | 50 |
By investment:
| Investment | Date | Cost (亿) | Fair Value (亿) | MOIC | IRR | Status |
|---|---|---|---|---|---|---|
| Active / Exited / Written off |
Vintage year performance:
| Vintage | IRR | MOIC | # Deals | # Exits | TVPI |
|---|---|---|---|---|---|
Benchmark comparison:
Returns by sector:
| Sector | Invested (亿) | Realized (亿) | NAV (亿) | MOIC | IRR |
|---|---|---|---|---|---|
| 半导体 | |||||
| 新能源 | |||||
| 医药 | |||||
| 消费 |
Typical China PE J-curve:
Sensitivity on key assumptions:
| Variable | -20% | -10% | Base | +10% | +20% |
|---|---|---|---|---|---|
| Exit multiple | |||||
| EBITDA growth | |||||
| Time to exit |
| Structure | Description | Common Use |
|---|---|---|
| 人民币基金 (RMB fund) | Domestic currency | Onshore investments |
| 美元基金 (USD fund) | Offshore currency | Cross-border, tech |
| 双语基金 (Dual currency) | Both RMB and USD | Flexible allocation |
| 母基金 (Fund of funds) | FoF structure | Diversified access |
| Fund Type | IRR Target | MOIC Target | Hold Period |
|---|---|---|---|
| VC (种子/早期) | 30-40% | 5-10x | 5-8 years |
| Growth equity | 20-30% | 3-5x | 4-7 years |
| Buyout | 15-25% | 2-4x | 4-7 years |
| Distressed | 20-30% | 2-5x | 3-5 years |
| Route | Description | Typical Timeline | Multiple |
|---|---|---|---|
| A股IPO | IPO on A-share market | 5-8 years from investment | 3-10x |
| 并购退出 | Trade sale to strategic | 3-6 years | 2-5x |
| 老股转让 | Secondary sale | 3-5 years | 1.5-3x |
| 借壳上市 | Reverse merger | 3-5 years | 2-6x |
| 回购 | Sponsor/management buyback | 5-8 years | 1.5-2.5x |
| 基金份额转让 | Fund secondary | Ongoing | 0.7-1.2x NAV |
| Index | Description |
|---|---|
| 沪深300 | Broad A-share market |
| 中证1000 | Small-cap A-share |
| 中国PE/VC指数 | PE/VC performance index |
| 清科指数 | Zero2IPO index |
| 投中指数 | CVSource index |
Before delivering:
Data Source Mode Switch: Set env var
IFIND_DATA_SOURCE_MODEto control data source preference.
ifind-only(strict): Use iFind only, error if unavailableifind-fallback(default): iFind preferred, fallback to AkShareakshare-only: Skip iFind, use AkShare only
まだレビューはありません。使ってみた感想をお寄せください。
概要と使いどころ
Three-statement financial model for A-share stocks. Adapts the standard 3-statement-model methodology for Chinese accounting standards (CAS), Chinese GAAP differences, and AkShare-sourced financials. Use instead of the original 3-statement-model skill when building integrated IS/BS/CF models for Chinese listed companies.
日本語の概要は準備中です。原文の説明を表示しています。
Build accrual schedules for A-share companies tracking revenue recognition, expense accruals, and working capital timing. Adapted from the original accrual-schedule skill for CAS accounting and Chinese business practices. Triggers on "A股应计项目", "应计计提", "accrual schedule China", "应计账款分析", or "working capital accruals [company]".
日本語の概要は準備中です。原文の説明を表示しています。
Build accrual schedules for A-share fund administration. Tracks revenue recognition, expense accruals, and working capital timing for fund accounting. Adapted from the original accrual-schedule skill for fund accounting standards. Triggers on "基金应计项目", "应计计提基金", "accrual schedule fund", "NAV accruals", or "accruals [fund]".
日本語の概要は準備中です。原文の説明を表示しています。
Assess an A-share portfolio company's AI readiness for China-focused private equity investments. Evaluates data infrastructure, technology stack, talent, and AI adoption opportunities in the Chinese market context. Triggers on "A股公司AI评估", "AI readiness China", "AI assessment portfolio company", "AI转型评估", or "artificial intelligence readiness [company]".
日本語の概要は準備中です。原文の説明を表示しています。
Audit financial models and Excel workbooks for A-share analysis. Adapts the original audit-xls skill for Chinese financial modeling standards, CAS conventions, and A-share-specific checks. Triggers on "A股模型审计", "财务模型核查", "audit model China", "audit xlsx", "模型QC", or "check model [company]".
日本語の概要は準備中です。原文の説明を表示しています。
Forensic financial analysis for A-share fund holdings and portfolio companies. Adapts the original break-trace skill for fund administration context and Chinese market standards. Triggers on "基金持仓核查", "持仓异常", "forensic fund analysis China", "持仓质量分析", or "investigate [fund] holdings".
日本語の概要は準備中です。原文の説明を表示しています。