Screening Shanghai Stocks by Turnover, Robotics Exposure, Size, and Profitability

Summary

This stock screen targets Chinese shares associated with the robotics theme, with stated conditions of turnover between 3% and 12%, circulating market value below 10 billion yuan, positive earnings, and a Shanghai listing. The accompanying explanation presents the screen as a way to focus on smaller profitable companies with active trading. It says candidates are ordered by turnover, from lower to higher, and includes references to both a query-based screen and a Python example.

The implementation details are inconsistent: the Python example filters turnover between 2% and 9%, rather than the stated 3% to 12% range. It also uses a specific historical date and a prior-year earnings query, so it is not a general live selection procedure without changes. No backtest or return evidence is reported. The document cautions that financial filters may overlook market conditions and industry changes, and suggests considering those factors alongside the screen. The criteria are a candidate-selection recipe, not a complete trading strategy with entry, exit, or risk rules.

Key ideas

• The stated screen combines robotics-theme exposure, positive earnings, smaller circulating market value, and turnover between 3% and 12%.
• The proposed universe includes Shanghai-listed shares, with candidates sorted by turnover in ascending order.
• The Python example uses a different turnover range from the stated selection logic.
• The document gives no performance results and warns that financial filters can miss market and industry conditions.

Tags

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