White horse stocks refer to stocks with excellent long-term performance, high rate of return and high investment value. Because its relevant information has been made public and its performance is clear, it has the characteristics of excellent performance, high growth and low risk, so it has high investment value and is often favored by investors.

Most of the market performance is a sustained slow bull market, and sometimes it shows a strong upward trend.

The commonly used indicators to measure white horse stocks in the market mainly include earnings per share, net asset value per share, return on net assets, net profit growth rate, main business income growth rate and price-earnings ratio.

Extended data:

Information transparency

Compared with the characteristics of dark horse shares, such as undisclosed information, undiscovered performance themes and considerable growth opportunities, White Horse shares have clear performance themes and are well known by the market. See "Dark Horse Shares".

Perfect performance

The most fundamental reason why White Horse shares are favored by the market is its excellent performance and high distribution ability, which can bring stable and rich returns to investors. Such companies generally have higher earnings per share, higher return on net assets and higher net assets per share.

Sustained and steady growth

Sustained and stable growth is the foundation of sustainable operation of enterprises, and it is also the charm of white horse stocks. Listed companies always try their best to maintain a stable and sustained growth period. The longer the cycle, the better for the enterprise. The specific performance of enterprise growth is the sustained and steady growth of main business income growth rate and net profit growth rate.

low p/e ratio

The share price of White Horse shares is generally higher than other stocks, but the market risk of such stocks is relatively small because of their high performance, high growth and good market expectations. In other words, white horse stocks are expected by the market to be high-yield, high-growth and low-risk. Although its absolute price is sometimes not low, relative to the company's high growth potential, the stock price still has a lot of room for growth, which is embodied in the fact that the actual level of P/E ratio is relatively low.

The main business income is an important factor to measure the stability of a company's operating performance, and it is also the main source of corporate profits. The main business income is outstanding, the business performance of the enterprise is stable, and the business risk is small. Surprisingly, none of the top 20 listed companies in the main business income growth rate entered the top 20, indicating that it is difficult for listed companies to maintain a high-speed growth trend for a long time, and most of the new faces are low-profit companies. Because of the low base and denominator, this kind of listed companies can easily jump to the forefront of growth by adjusting their main business and changing industries in time. Among the top 20 listed companies in the index, the asset restructuring sector occupies the most seats, about 75%, and other industries such as environmental protection and high technology supported by the state still have considerable industry advantages. According to the statistics of1mid-1999, there were 23 listed companies whose main business income increased by more than 30% in the middle of199, accounting for about 25% of the total number of listed companies, among which the top 50 listed companies whose main business income increased by more than 100% showed a high growth rate.