A Chinese Stock Screen Combining Turnover, Profit Growth, and Price Movement

Summary

The document presents a Chinese equities screening idea that combines turnover between 3% and 12%, year-over-year growth in net profit attributable to parent-company shareholders above 20% and up to 100%, and a price-range condition scaled by a large-order net-volume measure. It describes the screen as combining fundamental, technical, and capital-flow inputs, and mentions excluding certain high-volatility or non-main-board stocks.

It provides example formula logic and a Python-style workflow that retrieves daily stock data and profit data, filters selected listings, checks recent observations, and collects matching symbols. The examples refer to a particular historical reporting period and data fields, while some prose and implementation details may not align perfectly. The document offers no backtest, returns, or validation of predictive value; it itself flags omissions such as industry, market capitalization, and debt, and notes sensitivity to market conditions and data quality.

Key ideas

• The screen combines turnover, year-over-year net profit growth, and a price movement condition involving large-order net volume.
• The stated turnover range is 3% to 12%, while profit growth must be above 20% and at most 100%.
• The document provides example filtering logic using daily price data and company profit data.
• The screen excludes some listings and describes the selection as combining fundamental, technical, and capital-flow factors.
• The author notes missing factors, data-quality concerns, and sensitivity to changing market conditions.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.