China Deal Screening

china-deal-screening

Purpose

Screen A股投资标的 — systematic deal screening for Chinese equity investments.

Data Sources

Primary: iFind MCP (Tier-1 付费) / AkShare MCP (Tier-2 免费备选)

get_industry_stocks(industry="...")    → Industry universe
get_quote(ticker)                     → Valuation screening
get_financials(ticker, "income")      → Financial screening
get_index_data("000001")              → Market context

Secondary Sources

• 东方财富 — stock screener
• 同花顺 iFinD — screening tool
• 巨潮 — company filings
• Wind — professional screening

Workflow

Step 1: Define Screening Criteria

Screening framework:

| Category | Criteria | Typical Range | |----------|----------|---------------| | 市值 (Market cap) | Min/max | ¥50亿 - ¥500亿 | | 估值 (Valuation) | P/E, P/B | P/E 10-30x | | 成长 (Growth) | Revenue/earnings growth | >15% YoY | | 盈利 (Profitability) | ROE, margins | ROE >15% | | 财务健康 (Financial health) | Debt/equity, current ratio | D/E ¥5000万 | | 治理 (Governance) | Ownership structure | Clean cap table |

Step 2: Build Screening Universe

Universe construction:

| Filter | Criteria | Source | |--------|----------|--------| | A股主板 | 600/000/001开头的6位代码 | AkShare | | 创业板 | 300开头 | AkShare | | 科创板 | 688开头 | AkShare | | 北交所 | 8/9开头 | AkShare | | ST排除 | Exclude ST/*ST | Filter | | 次新股 | Exclude 15% | | 净利润增速 | (NI - NIprev) / NIprev | >15% | | ROE | Net Income / Average Equity | >15% | | 毛利率 | Gross Profit / Revenue | >30% | | 净利率 | Net Income / Revenue | >10% | | 资产负债率 | Total Debt / Total Assets | 0.8 |

Step 4: Valuation Screening

Valuation metrics:

| Metric | Formula | Target | |--------|---------|--------| | P/E (TTM) | Price / TTM EPS | 10-30x | | P/B | Price / BV per share | 1-5x | | P/S | EV / Revenue | 1-5x | | EV/EBITDA | EV / EBITDA | 5-15x | | PEG | P/E / Growth rate | 2% (if applicable) |

Step 5: Technical Screening (Optional)

Technical filters:

| Indicator | Criteria | |-----------|----------| | 股价位置 | Not at 52-week high | | 均线 | Above key MAs | | 成交量 | Above average | | 波动率 | Moderate |

Step 6: Quality Screening

Quality filters:

| Factor | Check | |--------|-------| | 审计意见 | Standard unqualified (标准无保留) | | 管理层 | Stable, experienced | | 股东结构 | No 质押风险 (pledge risk) | | 关联交易 | Reasonable level | | 诉讼/处罚 | No material issues |

Step 7: Scoring & Ranking

Scoring model:

| Category | Weight | Score (1-10) | Weighted | |----------|--------|-------------|----------| | 估值吸引力 | 25% | | | | 成长性 | 20% | | | | 盈利能力 | 20% | | |

| 财务健康 | 15% | | | | 质量/治理 | 10% | | | | 流动性 | 10% | | | | Total | 100% | | |

Rank candidates by total score.

Step 8: Due Diligence Queue

Create DD pipeline:

| Rank | Company | Ticker | Score | Sector | Next Step | |------|---------|--------|-------|--------|-----------| | 1 | | | X.X | | Full DD | | 2 | | | X.X | | Quick scan | | 3 | | | X.X | | Quick scan |

Screening Templates

Template 1: Growth at Reasonable Price (GARP)

| Filter | Criteria | |--------|----------| | P/E | 10-25x | | Revenue growth | >20% | | ROE | >15% | | D/E | ¥100亿 |

Template 2: Deep Value

| Filter | Criteria | |--------|----------| | P/B | 3% | | D/E | 20% (3Y avg) | | Revenue growth | >15% | | Gross margin | >40% | | D/E | ¥200亿 |

Template 4: Turnaround Candidate

| Filter | Criteria | |--------|----------| | Recent loss | 1-2 years | | Revenue trough | Near bottom | | New management | Recent change | | Restructuring | In progress | | Industry recovery | Improving |

China-Specific Screening Considerations

Market Structure

| Factor | Impact on Screening | |--------|---------------------| | 散户主导 | Retail sentiment matters | | 政策驱动 | Policy changes create opportunities | | 概念/题材 | Theme investing common | | 北向资金 | Foreign flows signal quality | | 机构持仓 | Institutional ownership |

Common A-share Screening Pitfalls

| Pitfall | Issue | Mitigation | |---------|-------|-----------| | 一次性收益 | Distorts growth/earnings | Use 扣非数据 | | 会计政策 | Aggressive recognition | Check notes | | 关联交易 | Inflated revenue | Review disclosures | | 大股东质押 | Pledge risk | Check 质押比例 | | ST风险 | Delisting risk | Exclude ST stocks |

Quality Checks

Before finalizing:

• [ ] Criteria well-defined
• [ ] Universe appropriate
• [ ] Data quality verified
• [ ] Scoring model calibrated
• [ ] Top candidates make sense
• [ ] Next steps clear

> Data Source Mode Switch: Set env var IFIND_DATA_SOURCE_MODE to control data source preference. > - ifind-only (strict): Use iFind only, error if unavailable > - ifind-fallback (default): iFind preferred, fallback to AkShare > - akshare-only: Skip iFind, use AkShare only

Source & license

This open-source skill is cataloged on AgentStack and links to its original source — we do not rehost the code.

• Author: jwangkun
• Source: jwangkun/claude-for-financial-services-cn
• License: Apache-2.0

Install and usage instructions live in the source repository linked above.