Chinese Stock Screening by Price Range and Profit Growth

Summary

This Chinese equity screening rule selects stocks whose price amplitude exceeds 1, that were not limit-up on the prior day, and whose year-over-year net profit growth attributable to parent-company shareholders is above 20% and no more than 100%. The article frames the filters as combining recent price movement with a profitability and growth measure. It also includes a sample data workflow intended to identify candidates using market and income statement fields.

The post offers no reported backtest, comparison, or evidence that the filters predict future returns. Its own risk discussion notes that net profit growth alone omits other fundamentals, such as margins and leverage, and suggests broadening the screen with additional fundamental and technical measures. The supplied sample code also uses specific historical and data-field assumptions, so readers would need to check definitions and implementation details before relying on it.

Key ideas

• The screen combines a price amplitude condition with exclusion of prior-day limit-up stocks.
• It filters for parent-attributable net profit growth above 20% and at most 100% year over year.
• The post presents price action and earnings growth as complementary candidate-selection criteria.
• The article warns that net profit growth alone ignores other important company fundamentals.
• No performance results are provided to establish the screen's predictive value.

Tags

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