Chinese Stock Screening by Turnover, Profit Growth, and an Unspecified Shape
Summary
This note describes a Chinese stock screen combining a turnover-rate band of 3% to 12% with year-over-year growth in net profit attributable to parent-company shareholders between above 20% and 100%. It also calls for a “circular arc” indicator shape, presenting the screen as a way to combine trading activity, earnings growth, and a technical condition. The post includes example formula and Python implementations, but the arc condition is left unimplemented in the Python example and is not defined precisely enough to reproduce from the explanation alone.
The document offers no backtest, portfolio results, or evidence that the filters improve returns. It flags risks from company financial structure, market conditions, and news, and recommends clarifying the shape condition and considering technical and industry context. The provided code examples have implementation limitations, so the stated criteria should be treated as a screening idea rather than a validated trading strategy.
Key ideas
- The screen combines turnover between 3% and 12% with year-over-year parent-company net-profit growth above 20% and up to 100%.\nA further circular-arc shape condition is proposed but not clearly defined.\nThe Python example leaves the shape test unimplemented, so it cannot fully reproduce the stated screen.\nThe post supplies no performance evidence and identifies market, financial, and news-related risks.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.