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Main Authors: Tan, Jin Khye, Choong, En Jun, Chitty, Ethan Jeremiah, Choo, Yan Pheng, Wong, John Hsin Yang, Cheah, Chern Eu
Format: Preprint
Published: 2025
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Online Access:https://arxiv.org/abs/2508.05669
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author Tan, Jin Khye
Choong, En Jun
Chitty, Ethan Jeremiah
Choo, Yan Pheng
Wong, John Hsin Yang
Cheah, Chern Eu
author_facet Tan, Jin Khye
Choong, En Jun
Chitty, Ethan Jeremiah
Choo, Yan Pheng
Wong, John Hsin Yang
Cheah, Chern Eu
contents Accurately extracting and representing the structure of tabular data from financial documents remains a critical challenge in document understanding, particularly for regulatory and analytical use cases. This study addresses the complexity of converting financial tables from Malaysian audited financial reports into Markdown format, a task complicated by rotated layouts, multi-level headers, and implicit structural cues. We propose a fine-tuned vision-language model (VLM), based on Qwen2.5-VL-7B, optimized for high-fidelity Markdown generation from document images. Our approach includes a curated dataset of 2,152 image-text pairs with augmentations and a supervised fine-tuning strategy using LoRA. To assess performance, we evaluated our model on 100 out-of-sample tables using a dual framework: a criteria-based LLM-as-a-judge for fine-grained accuracy and our novel Markdown Tree-Edit-Distance-based Similarity (TEDS) metric for holistic structural fidelity. Our model achieves a 92.20% overall accuracy on the criteria-based assessment and a 96.53% Markdown TEDS score. This performance significantly surpasses its Qwen2.5-VL-7B base model, larger-scale VLMs, and specialized reasoning-enabled models. Compared to these self-hosted alternatives, it also significantly reduces inference time. Furthermore, its accuracy exceeds that of widely used proprietary models such as OpenAI's GPT-4o and Gemini 2.5 Flash. These results demonstrate that domain-specific fine-tuning provides an effective and efficient method to bridge the gap between unstructured financial documents and downstream automation, rivalling much larger and more general models without their computational overhead.
format Preprint
id arxiv_https___arxiv_org_abs_2508_05669
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Fine-Tuning Vision-Language Models for Markdown Conversion of Financial Tables in Malaysian Audited Financial Reports
Tan, Jin Khye
Choong, En Jun
Chitty, Ethan Jeremiah
Choo, Yan Pheng
Wong, John Hsin Yang
Cheah, Chern Eu
Information Retrieval
Artificial Intelligence
Computation and Language
Computer Vision and Pattern Recognition
Machine Learning
I.2.7; I.7.2; J.1
Accurately extracting and representing the structure of tabular data from financial documents remains a critical challenge in document understanding, particularly for regulatory and analytical use cases. This study addresses the complexity of converting financial tables from Malaysian audited financial reports into Markdown format, a task complicated by rotated layouts, multi-level headers, and implicit structural cues. We propose a fine-tuned vision-language model (VLM), based on Qwen2.5-VL-7B, optimized for high-fidelity Markdown generation from document images. Our approach includes a curated dataset of 2,152 image-text pairs with augmentations and a supervised fine-tuning strategy using LoRA. To assess performance, we evaluated our model on 100 out-of-sample tables using a dual framework: a criteria-based LLM-as-a-judge for fine-grained accuracy and our novel Markdown Tree-Edit-Distance-based Similarity (TEDS) metric for holistic structural fidelity. Our model achieves a 92.20% overall accuracy on the criteria-based assessment and a 96.53% Markdown TEDS score. This performance significantly surpasses its Qwen2.5-VL-7B base model, larger-scale VLMs, and specialized reasoning-enabled models. Compared to these self-hosted alternatives, it also significantly reduces inference time. Furthermore, its accuracy exceeds that of widely used proprietary models such as OpenAI's GPT-4o and Gemini 2.5 Flash. These results demonstrate that domain-specific fine-tuning provides an effective and efficient method to bridge the gap between unstructured financial documents and downstream automation, rivalling much larger and more general models without their computational overhead.
title Fine-Tuning Vision-Language Models for Markdown Conversion of Financial Tables in Malaysian Audited Financial Reports
topic Information Retrieval
Artificial Intelligence
Computation and Language
Computer Vision and Pattern Recognition
Machine Learning
I.2.7; I.7.2; J.1
url https://arxiv.org/abs/2508.05669