Research reports, commonly referred to as broker research reports or "sell-side research reports," are analytical documents authored by securities firm analysts that can be used as references for investment activities. A comprehensive broker research report typically synthesizes factual data, research information, and other evidence to conduct a thorough analysis of specific securities' value. It summarizes perspectives on listed companies, industries, or macroeconomic policies, and assigns investment ratings to relevant stocks. Broker research institutes serve as the public face of securities firms and represent brand value. Although they do not directly generate profits, their strength significantly influences the development of brokerage services, investment banking, direct investment subsidiaries, and other business segments. High-quality research reports attract public/private fund companies to open accounts and trade, thereby generating brokerage revenue. Based on research subjects, these reports can be categorized into macroeconomic analysis, investment strategy, industry analysis, company research, bond research, and futures research.
CnOpenData has compiled China Securities Analysts' Earnings Forecast Research Data, encompassing fields such as Stock Code, Company Abbreviation, Research Report Quantity, Institutional Investment Rating (机构投资评级) (past six months), 2022 Earnings Per Share (EPS), 2023 Forecast EPS, 2024 Forecast EPS, and 2025 Forecast EPS.
Time Period
Cross-sectional data: 2023.09/2024.06/2025.10/2026.1.31
Field Display
Sample Data
Relevant Literature
- YI Zhihong, YANG Shengzhi, CHEN Qinyuan, 2019: "Can Analysts Reduce Stock Price Synchronicity? —An Empirical Study Based on Textual Analysis of Research Reports," China Industrial Economics, No. 1.
- ZHONG Tanlin, LIU Yuanyuan, 2020: "Do Analyst Reports Contain Higher Information Content During Periods of Economic Policy Uncertainty? —A Dual Perspective from Investor Demand and Analyst Supply," Accounting Research, No. 3.
Data Update Frequency
Annual updates