Quick-screening checklist / 股票快速初筛清单

Review sequence / 研究顺序

1. Freeze the information date and describe the current narrative with dated sources. / 冻结信息时点，用带日期来源描述当前叙事。
2. Compare old expectations with new evidence; name the changed operating variable and its disconfirming evidence. / 对比旧预期与新证据，列出变化的经营变量及反证。
3. Bound the operating path: demand and capacity → quantity and price → revenue → operating profit → attributable net income and EPS only where supported. / 约束经营路径：需求与产能 → 数量与价格 → 收入 → 经营利润 → 仅在证据支持时计算归母净利润和 EPS。
4. Keep NTM, the next full fiscal year, and any distant conditional ceiling separate. / 分开列示 NTM、下一完整财年和远期条件上限。
5. Pair market capitalization and earnings for the same forward period; cite evidence for any valuation multiple. / 让市值与盈利对应同一前瞻期间，并为估值倍数提供证据。
6. State bear, base, and bull conditions with the next verification point; leave unsupported targets and probabilities blank. / 列出熊、基、牛的成立条件与下一验证点；无依据的目标与概率保持空白。

Blank evidence card / 空白证据卡