掘金北交所“明日之星”：五维量化模型透视北证新股，解码高潜力标的

Group 1 - The report identifies a total of 31 new stocks successfully listed on the Beijing Stock Exchange (BSE) from 2024 to August 8, 2025, highlighting an overall improvement in quality across various financial metrics [3][11][17] - Key financial thresholds for high-potential new stocks on the BSE include: net asset scale of approximately 600 million yuan, expected market value of 2.5-3 billion yuan, net profit of 60 million yuan, weighted ROE of 15%, revenue compound growth rate of 10-15%, and R&D investment around 28 million yuan or over 4.5% of revenue [3][11][17] Group 2 - The report outlines a five-dimensional quantitative model for selecting high-potential new stocks, focusing on industry attractiveness, company competitiveness, financial health, market scarcity, and risk management [4][10][20] - The industry dimension assesses whether the sector aligns with the BSE's focus on innovative SMEs and its growth potential [4][10] - The company dimension evaluates the long-term sustainable growth capabilities and uniqueness of the firm within its niche [4][10] Group 3 - In the second half of 2025, the report suggests focusing on 10 companies that have been under review for nearly a year, including Jie Li Technology, Ai Ke Wei, and Ya Tu Gao Xin [5][14] - Among the newly accepted 115 companies, the average net profit for 2024 is projected to reach 81.13 million yuan, with several companies ranking in the top 25% across key financial dimensions [5][14] Group 4 - The average time from application acceptance to listing for new stocks is approximately 360 days, with the fastest being 140 days and the slowest 624 days [20][22] - The report indicates that 2024 saw a higher number of new listings in the second half compared to the first half, suggesting a growing trend in market activity [24][25]