Screening Shanghai-Listed Stocks by Turnover, Market Value, and Profitability

Summary

This A-share stock screen selects listed companies whose turnover rate falls within the stated 3%–12% range, whose circulating market value is below 10 billion yuan, whose net income is positive, and whose stock code begins with 60. The document also includes a sample formula and Python outline for filtering stocks using financial and daily market data.

It offers no backtest, performance figures, or evidence that the screen beats the market. The accompanying discussion cautions that the rules omit industry and broader market conditions, and suggests adding technical and market-performance measures. The code’s data dates and filtering implementation are examples rather than a tested, fully specified trading process, so the screen should be treated as a starting point for research.

Key ideas

• The screen combines turnover, circulating market value, positive net income, and a stock-code prefix.
• It is intended to narrow the universe to Shanghai-listed A-shares.
• The document provides example implementations but reports no empirical performance evidence.
• Industry and market conditions are omitted and may affect the results.

Tags

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