Liz Ann Sonders, the Chief Investment Strategist at Charles Schwab & Co. (NYSE:SCHW) highlighted certain unusual divergences in the small cap markets.Unprofitable Small-Caps Lead The RallyOn Thursday, in a post on X, Sonders broke down the composition of the Russell 2000 index and the performance of its constituents, highlighting that “57% of index is currently profitable,” while “41% of index is currently unprofitable,” and “2% of index doesn't currently have earnings data available.”She noted that the sto ...

| 301365 | 矩阵股份 | 8.70 | 33.77 | 41.69 | 建筑装饰 | | --- | --- | --- | --- | --- | --- | | 605069 | 正和生态 | 8.72 | 21.93 | 45.43 | 环保 | | 603073 | 彩蝶实业 | 8.75 | 19.95 | 22.10 | 基础化工 | | 301567 | 贝隆精密 | 8.87 | 30.07 | 142.01 | 电子 | （文章来源：证券时报网） 流通市值低于20亿元部分个股一览 | 证券代码 | 证券简称 | 流通市值（亿元） | 总市值（亿元） | 市盈率（倍） | 申万行业 | | --- | --- | --- | --- | --- | --- | | 300280 | 紫天退 | 0.61 | 0.62 | 5.46 | 传媒 | | 000851 | *ST高鸿 | 4.30 | 4.40 | - | 通信 | | 603388 | *ST元成 | 5.60 | 5.60 | - | 建筑装饰 | | 001260 | 坤泰股份 | 6.29 | 22.77 | 51 ...

Core Insights - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] Market Overview - As of September 24, there are 1,007 stocks with a circulating market value below 3 billion yuan, and 415 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,679 stocks have a total market value below 5 billion yuan, with 602 stocks having a total market value below 3 billion yuan [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are: - Zitian Tui: 0.79 million yuan - *ST Gao Hong: 4.75 million yuan - *ST Yuan Cheng: 5.73 million yuan [1] - The three stocks with the smallest total market values are the same as above [1] Selected Small-Cap Stocks Overview - A list of small-cap stocks with their respective circulating market values, total market values, and P/E ratios includes: - Zitian Tui: Circulating market value 0.79 million yuan, Total market value 0.79 million yuan, P/E ratio 7.03 [1] - *ST Gao Hong: Circulating market value 4.75 million yuan, Total market value 4.86 million yuan, P/E ratio not available [1] - *ST Yuan Cheng: Circulating market value 5.73 million yuan, Total market value 5.73 million yuan, P/E ratio not available [1] - Other notable stocks include Bo Fei Electric (6.00 million yuan, P/E 152.92) and Kun Tai Co. (6.27 million yuan, P/E 51.56) [1][2]

Group 1 - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of September 17, there are 953 stocks with a circulating market value below 3 billion yuan, and 388 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,630 stocks have a total market value below 5 billion yuan, with 556 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are: Zitian Tui at 0.90 million yuan, Bofei Electric at 6.05 million yuan, and *ST Gaohong at 6.11 million yuan [1] - The three stocks with the smallest total market values are: Zitian Tui at 0.91 million yuan, *ST Yuancheng at 6.19 million yuan, and *ST Gaohong at 6.25 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as media, basic chemicals, telecommunications, and more [1][2]

Core Viewpoint - The US Federal Reserve has implemented a 25 basis points reduction in its benchmark interest rate, marking the first rate cut since December 2024 [1] Group 1 - The decision to lower the interest rate reflects the Fed's response to economic conditions and aims to support growth [1] - The CME FedWatch Tool indicated market expectations for this rate cut prior to the announcement, showcasing investor sentiment [1]

Group 1 - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of September 15, there are 977 stocks with a circulating market value below 3 billion yuan, and 402 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,659 stocks have a total market value below 5 billion yuan, with 570 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are: Zitian Tui at 101 million yuan, *ST Yuancheng at 560 million yuan, and Bofei Electric at 609 million yuan [1] - The three stocks with the smallest total market values are: Zitian Tui at 102 million yuan, *ST Yuancheng at 560 million yuan, and *ST Suwu at 675 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as media, construction decoration, and basic chemicals, with notable stocks like Bofei Electric having a P/E ratio of 155.38 [1][2]

Core Insights - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them potential market leaders [1] Market Overview - As of September 12, there are 976 stocks with a circulating market value below 3 billion yuan, and 397 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,656 stocks have a total market value below 5 billion yuan, with 577 stocks below 3 billion yuan [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are: - Zitian Tui: 440 million yuan - *ST Yuancheng: 577 million yuan - Bofei Electric: 611 million yuan [1] - The three stocks with the smallest total market values are: - Zitian Tui: 444 million yuan - *ST Yuancheng: 577 million yuan - *ST Suwu: 711 million yuan [1] Selected Stocks with Low Market Value - A list of stocks with circulating market values below 2 billion yuan includes: - Zitian Tui: 440 million yuan, PE ratio: 39.34, Industry: Media - *ST Yuancheng: 577 million yuan, PE ratio: N/A, Industry: Construction Decoration - Bofei Electric: 611 million yuan, PE ratio: 155.90, Industry: Basic Chemicals - Other notable stocks include: - Kuntai Co.: 632 million yuan, PE ratio: 51.97, Industry: Automotive - Hongming Co.: 691 million yuan, PE ratio: N/A, Industry: Machinery Equipment [1][2]

Core Viewpoint - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] Market Overview - As of September 10, there are 995 stocks with a circulating market value below 3 billion yuan, and 403 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,681 stocks have a total market value below 5 billion yuan, with 586 stocks below 3 billion yuan [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are *ST Zitian at 440 million yuan, *ST Yuancheng at 603 million yuan, and Bofei Electric at 611 million yuan [1] - The three stocks with the smallest total market values are *ST Zitian at 444 million yuan, *ST Yuancheng at 603 million yuan, and *ST Suwu at 704 million yuan [1] Selected Stocks with Low Market Capitalization - A list of stocks with circulating market values below 2 billion yuan includes: - *ST Zitian: Circulating market value 440 million yuan, total market value 444 million yuan, P/E ratio 39.34 [1] - *ST Yuancheng: Circulating market value 603 million yuan, total market value 603 million yuan, P/E ratio not available [1] - Bofei Electric: Circulating market value 611 million yuan, total market value 2.676 billion yuan, P/E ratio 155.81 [1] - Other notable stocks include: - Kuntai Co., Ltd.: Circulating market value 631 million yuan, total market value 2.286 billion yuan, P/E ratio 51.92 [1] - Hongming Co., Ltd.: Circulating market value 673 million yuan, total market value 2.046 billion yuan, P/E ratio not available [1] - Yangzhou Jinqiao: Circulating market value 691 million yuan, total market value 2.759 billion yuan, P/E ratio 21.02 [1] Additional Stocks with Low Market Capitalization - Further stocks include: - *ST Suwu: Circulating market value 704 million yuan, total market value 704 million yuan, P/E ratio not available [1] - Boen Group: Circulating market value 715 million yuan, total market value 2.063 billion yuan, P/E ratio not available [1] - Kangliyuan: Circulating market value 737 million yuan, total market value 2.885 billion yuan, P/E ratio 49.26 [1] - Southeast Electronics: Circulating market value 752 million yuan, total market value 2.520 billion yuan, P/E ratio 58.37 [1] Summary of Additional Stocks - Other stocks with notable metrics include: - *ST Gaohong: Circulating market value 770 million yuan, total market value 787 million yuan, P/E ratio not available [1] - Tiandi Medical: Circulating market value 817 million yuan, total market value 2.624 billion yuan, P/E ratio 138.37 [1] - Meino Energy: Circulating market value 855 million yuan, total market value 3.171 billion yuan, P/E ratio 30.77 [1]

Core Insights - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] Market Overview - As of September 5, there are 1,002 stocks with a circulating market value below 3 billion yuan, and 421 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,688 stocks have a total market value below 5 billion yuan, with 602 stocks below 3 billion yuan [1] Smallest Stocks by Circulating Market Value - The three stocks with the smallest circulating market values are: - *ST Zitian: 440 million yuan - Bofei Electric: 605 million yuan - Kuntai Co.: 622 million yuan [1] Smallest Stocks by Total Market Value - The three stocks with the smallest total market values are: - *ST Zitian: 444 million yuan - *ST Yuancheng: 704 million yuan - *ST Suwu: 725 million yuan [1] Selected Stocks with Low Market Values - A list of stocks with circulating market values below 2 billion yuan includes: - *ST Zitian: Circulating market value 440 million yuan, total market value 444 million yuan, P/E ratio 39.34, industry: Media - Bofei Electric: Circulating market value 605 million yuan, total market value 2.651 billion yuan, P/E ratio 154.39, industry: Basic Chemicals - Kuntai Co.: Circulating market value 622 million yuan, total market value 2.254 billion yuan, P/E ratio 51.19, industry: Automotive [1][2]

Group 1 - Small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of September 4, there are 1,038 stocks with a circulating market value below 3 billion yuan, and 436 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,734 stocks have a total market value below 5 billion yuan, with 634 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Zitian at 440 million yuan, Bofei Electric at 598 million yuan, and Kuntai Co. at 614 million yuan [1] - The three stocks with the smallest total market values are *ST Zitian at 444 million yuan, *ST Yuancheng at 704 million yuan, and *ST Suwu at 739 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as media, basic chemicals, automotive, and machinery [1][2]