Small-cap stocks have historically outperformed their bigger siblings, and there are three reasons 2026 could see that trend reassert itself.Small-cap stocks, or publicly traded companies valued anywhere from $300 million to $2 billion, lagged the broader markets in 2025. The Russell 2000, which tracks the performance of 2,000 small-cap stocks, returned 12% over the last year compared to the S&P 500's 17% rise. While not a huge gap, the underperformance is part of an ongoing 15-year streak of small caps tra ...

| 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 | | --- | --- | --- | --- | --- | --- | | 300391 | *ST长药 | 2.94 | 2.94 | - | 医药生物 | | 002231 | *ST奥维 | 4.09 | 4.61 | - | 国防军工 | | 001260 | 坤泰股份 | 6.27 | 22.70 | 45.59 | 汽车 | | 300344 | *ST立方 | 6.46 | 6.48 | - | 计算机 | | 603307 | 扬州金泉 | 6.72 | 26.90 | 23.45 | 纺织服饰 | | 301314 | 科瑞思 | 6.89 | 23.41 | 168.39 | 通信 | | 001366 | 播恩集团 | 7.26 | 20.95 | - | 农林牧渔 | | 301309 | 万得凯 | 7.32 | 28.82 | 25.86 | 机械设备 | | 301287 | 康力源 | 7.48 | 29.29 | 38.74 | 轻工制造 | | 301105 | 鸿 ...

相较于大盘股，小市值品种具备更高的股性以及活跃度，也更容易成为行情中的核心。证券时报·数据 宝统计，截至1月6日收盘，两市共915只个股流通市值低于30亿元，其中364只个股流通市值不足20亿 元。总市值方面，两市共1580只个股总市值低于50亿元，其中529只个股总市值不足30亿元。 具体来看，目前两市流通市值最小的前3只股票分别为*ST长药3.08亿元、*ST奥维4.31亿元、坤泰股份 6.34亿元。总市值最小的前3只股票分别为*ST长药3.08亿元、*ST奥维4.86亿元、*ST立方6.67亿元。 （数据宝） （文章来源：证券时报网） 流通市值低于20亿元部分个股一览 | 301295 | 美硕科技 | 9.08 | 31.13 | 113.95 | 电力设备 | | --- | --- | --- | --- | --- | --- | | 301552 | 科力装备 | 9.09 | 36.37 | 22.26 | 汽车 | | 301520 | 万邦医药 | 9.16 | 27.24 | 61.70 | 医药生物 | | 301049 | 超越科技 | 9.35 | 20.58 | - | 环保 ...

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 January 5, there are 931 stocks with a circulating market value below 3 billion yuan, and 362 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,599 stocks have a total market value below 5 billion yuan, with 550 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Changyao at 312 million yuan, *ST Aowei at 409 million yuan, and Kuntai Co. at 640 million yuan [1] - The three stocks with the smallest total market values are *ST Changyao at 312 million yuan, *ST Aowei at 461 million yuan, and *ST Lifang at 667 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as pharmaceuticals, defense, automotive, and more, highlighting the diversity within small-cap stocks [1][2]

On December 23, CNBC reported that Julie Biel, Chief Market Strategist at Kayne Anderson Rudnick, joined Fast Money to discuss where the Russell 2000 may be headed and what investors can expect from small-cap stocks in 2026. Biel said she remains positive about small caps. She noted that they are more sensitive to economic conditions and are likely to benefit from lower interest rates as small-cap companies tend to borrow on a variable interest rate market.For the past 18 months, Biel has been saying that s ...

Group 1 - The article highlights that small-cap stocks exhibit higher volatility and activity compared to large-cap stocks, making them more likely to become market leaders [1] - As of December 30, there are 949 stocks with a circulating market value below 3 billion yuan, and 374 stocks with a circulating market value below 2 billion yuan [1] - A total of 1,632 stocks have a total market value below 5 billion yuan, with 580 stocks having a total market value below 3 billion yuan [1] Group 2 - The three stocks with the smallest circulating market values are *ST Changyao at 333 million yuan, *ST Aowei at 453 million yuan, and Kuntai Co. at 637 million yuan [1] - The three stocks with the smallest total market values are *ST Changyao at 333 million yuan, *ST Aowei at 510 million yuan, and Dongtong Tui at 686 million yuan [1] - A detailed list of stocks with circulating market values below 2 billion yuan includes various sectors such as pharmaceuticals, defense, automotive, and more, with notable examples like *ST Changyao and *ST Aowei [1][2]

| 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 | | --- | --- | --- | --- | --- | --- | | 600200 | 退市苏吴 | 2.27 | 2.27 | - | 医药生物 | | 002231 | *ST奥维 | 5.02 | 5.65 | - | 国防军工 | | 300391 | *ST长药 | 5.15 | 5.15 | - | 医药生物 | | 001260 | 坤泰股份 | 6.35 | 23.01 | 46.21 | 汽车 | | 603307 | 扬州金泉 | 6.63 | 26.56 | 23.16 | 纺织服饰 | | 301314 | 科瑞思 | 6.84 | 23.27 | 167.36 | 通信 | | 301287 | 康力源 | 7.11 | 27.83 | 36.81 | 轻工制造 | | 301309 | 万得凯 | 7.22 | 28.42 | 25.50 | 机械设备 | | 001366 | 播恩集团 | 7.42 | 21.42 | - | 农林牧渔 | | 300344 | * ...

（原标题：390只个股流通市值不足20亿元） 流通市值低于20亿元部分个股一览 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 具体来看，目前两市流通市值最小的前3只股票分别为退市苏吴2.27亿元、*ST奥维5.08亿元、*ST长药 5.85亿元。总市值最小的前3只股票分别为退市苏吴2.27亿元、*ST奥维5.72亿元、*ST长药5.85亿元。 （数据宝） | 证券代码 | 证券简称 | 流通市值 | 总市值 | 市盈率 | 申万行业 | | --- | --- | --- | --- | --- | --- | | | | （亿元） | （亿元） | （倍） | | | 600200 | 退市苏吴 | 2.27 | 2.27 | - | 医药生物 | | 002231 | *ST奥维 | 5.08 | 5.72 | - | 国防军工 | | 300391 | *ST长药 | 5.85 | 5.85 | - | 医药生物 | | 001260 | 坤泰股份 | 6.34 | 22.95 | 46.10 | 汽车 | | 603307 | 扬州金泉 | 6.69 | 26.78 | 23.35 | ...

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 December 16, there are 1,007 stocks with a circulating market value below 3 billion, and 419 stocks with a circulating market value below 2 billion [1] - A total of 1,710 stocks have a total market value below 5 billion, with 626 stocks below 3 billion [1] Smallest Market Capitalization Stocks - The three stocks with the smallest circulating market values are: - **退市苏吴**: 0.249 billion - **ST长药**: 0.589 billion - **ST奥维**: 0.609 billion [1] - The three stocks with the smallest total market values are the same as above, with **ST奥维** having a total market value of 0.687 billion [1] Selected Stocks Under 2 Billion Circulating Market Value - **退市苏吴**: Circulating market value 0.249 billion, total market value 0.249 billion, PE ratio not applicable, industry: Pharmaceuticals [1] - **ST长药**: Circulating market value 0.589 billion, total market value 0.589 billion, PE ratio not applicable, industry: Pharmaceuticals [1] - **ST奥维**: Circulating market value 0.609 billion, total market value 0.687 billion, PE ratio not applicable, industry: Defense [1] - **坤泰股份**: Circulating market value 0.611 billion, total market value 2.213 billion, PE ratio 44.43, industry: Automotive [1] - **扬州金泉**: Circulating market value 0.652 billion, total market value 2.611 billion, PE ratio 22.76, industry: Textiles and Apparel [1] - **科瑞思**: Circulating market value 0.675 billion, total market value 2.295 billion, PE ratio 165.05, industry: Communications [1] - **康力源**: Circulating market value 0.676 billion, total market value 2.647 billion, PE ratio 35.01, industry: Light Industry Manufacturing [1] - **万得凯**: Circulating market value 0.696 billion, total market value 2.741 billion, PE ratio 24.59, industry: Machinery [1] - **播恩集团**: Circulating market value 0.712 billion, total market value 2.053 billion, PE ratio not applicable, industry: Agriculture, Forestry, Animal Husbandry, and Fishery [1] - **鸿铭股份**: Circulating market value 0.736 billion, total market value 2.240 billion, PE ratio not applicable, industry: Machinery [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 December 15, there are 976 stocks with a circulating market value below 3 billion yuan, and 405 stocks with a circulating market value below 2 billion yuan across the two markets [1] - A total of 1,673 stocks have a total market value below 5 billion yuan, with 587 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: - **退市苏吴**: 2.63 billion yuan - **坤泰股份**: 6.22 billion yuan - **ST奥维**: 6.40 billion yuan - The three stocks with the smallest total market values are: - **退市苏吴**: 2.63 billion yuan - **ST长药**: 6.48 billion yuan - **ST奥维**: 7.21 billion yuan [1] Selected Stocks with Low Market Capitalization - A list of stocks with circulating market values below 2 billion yuan includes: - **退市苏吴**: Circulating market value 2.63 billion yuan, total market value 2.63 billion yuan, PE ratio not applicable, industry: Pharmaceuticals - **坤泰股份**: Circulating market value 6.22 billion yuan, total market value 22.52 billion yuan, PE ratio 45.22, industry: Automotive - **ST奥维**: Circulating market value 6.40 billion yuan, total market value 7.21 billion yuan, PE ratio not applicable, industry: Defense and Military - **ST长药**: Circulating market value 6.48 billion yuan, total market value 6.48 billion yuan, PE ratio not applicable, industry: Pharmaceuticals - **扬州金泉**: Circulating market value 6.69 billion yuan, total market value 26.80 billion yuan, PE ratio 23.36, industry: Textiles and Apparel - **康力源**: Circulating market value 6.90 billion yuan, total market value 27.01 billion yuan, PE ratio 35.73, industry: Light Industry Manufacturing - **科瑞思**: Circulating market value 6.90 billion yuan, total market value 23.48 billion yuan, PE ratio 168.83, industry: Communications - **万得凯**: Circulating market value 7.11 billion yuan, total market value 27.98 billion yuan, PE ratio 25.11, industry: Machinery Equipment - **播恩集团**: Circulating market value 7.17 billion yuan, total market value 20.68 billion yuan, PE ratio not applicable, industry: Agriculture, Forestry, Animal Husbandry, and Fishery - **鸿铭股份**: Circulating market value 7.28 billion yuan, total market value 22.15 billion yuan, PE ratio not applicable, industry: Machinery Equipment [1][2]