Screening Shenzhen Main Board Stocks by Valuation, RSI, and Annual Report Date

Summary

This screen targets Shenzhen main-board stocks using positive price-to-earnings ratios below 29.01, price-to-book ratios below 3.11, and RSI below 65, together with a condition related to annual reports published during 2021. The code reference filters for report dates after the start of 2021 and orders candidates by market capitalization, turnover, and net profit growth. The article presents the filters as a combination of valuation, a technical indicator, and financial-report information intended to help assess companies for longer holding periods.

The description does not provide a backtest, return figures, or evidence that these thresholds identify suitable long-term investments. It notes that market conditions and capital flows may affect results and that reporting schedules can be irregular, particularly for smaller firms. It also recommends considering industry and company size differences, but the example does not show how to adjust for them. The annual-report condition is not fully specified, and the code does not clearly establish that a report was published within 2021.

Key ideas

• The screen sets upper bounds on price-to-earnings and price-to-book ratios and requires RSI below 65.
• It focuses on Shenzhen main-board stocks and includes a 2021 annual-report-related condition.
• The code reference ranks candidates by market capitalization, turnover, and net profit growth.
• The article recommends accounting for industry and company-size differences in financial analysis.
• No backtest is reported, and the annual-report timing condition is not fully clear.

Tags

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