Screening Stocks by Turnover, Profit Growth, and Float Market Capitalization
Summary
The post proposes screening Chinese stocks for daily turnover between 3% and 12%, year-over-year growth in net profit attributable to parent-company shareholders above 20% and at most 100%, and floating market capitalization between 5 and 10 billion yuan. It presents the combination as a way to identify moderately sized companies with positive earnings growth and meaningful trading activity. The article also supplies sample indicator conditions and a Python outline that queries stock, profit, and capitalization data before filtering candidates.
No backtest, return series, or evidence of predictive performance is provided. The author notes that the constraints may leave few or no qualifying stocks and that a fundamentals-focused screen can miss changing market conditions; suggested extensions include widening the capitalization or turnover ranges and considering valuation measures. The sample code uses a fixed historical profit-report period and has potential mismatches between the stated criteria, queried fields, and units, so its output would need careful validation before use. The stated thresholds describe a screen, not a complete entry, exit, or risk-management plan.
Key ideas
- The screen combines a 3% to 12% turnover band with specified year-over-year profit growth and float capitalization ranges.
- The post provides indicator conditions and a sample data-query workflow, but no performance evaluation.
- Strict thresholds may produce few or no qualifying stocks and may overlook changing market conditions.
- The sample implementation's dates, fields, and units should be checked against the intended criteria.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.