A-Share Screen for Moderate Turnover, Small Capitalization, and Profitability
Summary
The article proposes selecting listed A-share companies with turnover between 3% and 12%, market capitalization below 10 billion yuan, no reported losses, and no limit-up close on the prior day. It presents the screen as a way to avoid stocks that have already surged while retaining companies with active trading and positive earnings. The post includes a platform formula and sample Python using financial statements, daily market data, and limit-list records; the examples are not accompanied by a tested stock list or strategy results.
The author cautions that these conditions do not assess operating quality, profitability in depth, or competitive position, and may encourage trading based on limited signals. It recommends considering company fundamentals, sector and market trends, and historical performance alongside the screen. The material does not define how earnings are assessed across reporting periods or establish that excluding prior-day limit-up stocks improves future returns.
Key ideas
- The proposed universe is A-shares with turnover from 3% to 12% and market capitalization below 10 billion yuan.
- Candidates must have no reported losses and must not have closed at the limit-up level the prior day.
- The post includes screening formula and Python examples using market and financial data.
- No backtest or evidence of improved returns is presented.
- The article recommends broader assessment of company fundamentals and market and sector trends.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.