Chinese Stock Screening with Turnover, Profit Growth, and Rising DEA

Summary

This Chinese equity screen combines liquidity, earnings growth, and a technical signal. It selects stocks with turnover between 3% and 12%, year-over-year growth in net profit attributable to parent-company shareholders above 20% and at most 100%, and a rising DEA indicator. The accompanying examples show how to express the filters in a screening formula and Python using market and financial data sources.

The post frames turnover and profit growth as filters for active stocks with improving fundamentals, while a rising DEA is intended to identify near-term technical strength. It offers no backtest, returns, or comparison against a benchmark. The author cautions that relying on a few indicators can miss important information and recommends combining additional fundamental and technical measures. The implementation also contains potential inconsistencies between the stated conditions and sample code, so its exact screening behavior should be checked before use.

Key ideas

• The screen requires turnover between 3% and 12% and year-over-year parent-attributable net profit growth above 20% through 100%.
• It adds a rising DEA indicator as a short-term technical filter.
• The post provides examples in a screening formula and Python, but does not report performance evidence.
• The author warns that a limited set of indicators may miss important market changes.
• The sample implementations should be checked because some details may not match the stated rules.

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