Screening Shanghai Stocks for Revenue and Profit Growth

Summary

This stock screen starts with Shanghai-listed shares and compares 2021 revenue with 2018 revenue, requiring growth above a stated threshold. Its final proposed criteria add a market-cap range, growth in net profit over the same period, a price-to-earnings ceiling, and a minimum return on equity. The accompanying discussion presents revenue growth as a sign of business expansion and recommends combining it with profitability and valuation measures.

The document offers a screening concept rather than evidence of performance: it provides no backtest, selected-stock list, or return data. It also acknowledges that relying on historical revenue growth alone can overlook debt and earnings quality, and that limiting the universe to Shanghai stocks excludes other candidates. The sample code is incomplete and its data fields do not clearly implement all the stated criteria, so the screen would need data and logic validation before use.

Key ideas

• Revenue growth over a historical period can serve as an initial equity screening criterion.
• The proposed screen adds net-profit growth, market capitalization, valuation, and return on equity filters.
• The discussion warns that revenue growth alone omits debt and broader profitability considerations.
• Restricting the universe to Shanghai-listed stocks may exclude other eligible companies.
• No performance evidence is provided, and the sample implementation is incomplete.

Tags

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