Addressing investor concerns: a Chinese financial question-answering benchmark with LLM-based evaluation
In recent years, large language models (LLMs) have shown impressive performance across various natural language processing tasks and are increasingly adopted in high-stakes fields such as financial analysis. However, their effectiveness in Chinese financial contexts is hindered by the scarcity of high-quality, domain-specific datasets. To bridge this gap, we present the Chinese Financial Question Answering (CFQA) dataset, a novel resource designed to advance research in financial analysis. CFQA is constructed from publicly available annual reports of multiple Chinese listed companies, paired with corresponding questions and human-annotated answers. Evaluation results reveal that existing QA methods perform poorly on this dataset. CFQA introduces several unique challenges: (1) source documents are in PDF format with complex tabular structures, making information extraction difficult; (2) the length and intricacy of financial reports complicate answer retrieval; and (3) the questions are tightly focused on domain-specific financial content.
Authors
- Yiyi Tao
- Ke Qi (ORCID: https://orcid.org/0000-0003-1543-6598)
- Yujian Gan (ORCID: https://orcid.org/0009-0001-4388-960X)
- Xiaochun Hu (ORCID: https://orcid.org/0009-0005-7254-2989)
- Yi Cai (ORCID: https://orcid.org/0000-0002-0853-2779)
- Kexin Wang (ORCID: https://orcid.org/0009-0002-4240-0718)
- Jiongjiong Mo (ORCID: https://orcid.org/0000-0002-5613-7706)
- Yiwen Li (ORCID: https://orcid.org/0000-0003-2873-4287)
- Shuzhen Xiong
- Xianzheng Huang (ORCID: https://orcid.org/0000-0001-7077-0869)
- Hua Zheng (ORCID: https://orcid.org/0000-0003-2090-1239)
- Liang Lu (ORCID: https://orcid.org/0000-0003-1086-2256)
Institutions
- Queen's University Belfast (GB)
- Johns Hopkins University (US)
- Guangxi University of Finance and Economics (CN)
Publication Details
- Journal
- EPJ Data Science
- Published
- 2025-12-18
- DOI
- https://doi.org/10.1140/epjds/s13688-025-00601-6
- Primary Topic
- Topic Modeling
- Type
- article
- Field-Weighted Citation Impact
- 0.00