A-Share Screen Combining RSI, Profit Growth, and Dividends

Summary

This Chinese-language post proposes an A-share stock screen that combines a technical condition with earnings growth and dividends. It selects stocks with RSI below 65, year-over-year growth in net profit attributable to parent-company shareholders above 20% and at most 100%, and a 2019 dividend ratio above 25%. The rationale is to combine shares considered relatively low by RSI with companies showing profit growth and substantial dividends. The accompanying examples also describe excluding special-treatment stocks and suspended shares.

The post provides sample SQL and Python references, but these do not establish that the screen was tested or profitable. It explicitly warns that the rules omit other fundamental, technical, industry, policy, and broad-market factors, and that success is not assured. The examples also appear to implement parts of the stated logic differently: the SQL uses a dividend yield field, while the Python computes profit growth with a simple percentage-change operation. Those details make careful data definitions and point-in-time validation important before any backtest or live use.

Key ideas

• The screen requires RSI below 65, profit growth above 20% and no greater than 100%, and a 2019 dividend ratio above 25%.
• Its stated rationale combines technical positioning with earnings growth and dividend characteristics.
• The examples include filters intended to remove special-treatment and suspended stocks.
• The post reports no performance evidence and acknowledges that the screen omits important market and company factors.
• The sample implementations use field definitions that may not exactly match the written screening conditions.

Tags

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