China Listed Companies Association: Overall performance of listed companies improved continuously in the first three quarters, highlighting the leading role of scientific and technological innovation.

On November 1st, the China Listed Companies Association issued a document stating that in the first three quarters of 2025, China's economy maintained a steady and progressive development trend, with GDP growing by 5.2% year-on-year. As of October 31st, excluding delayed disclosures, a total of 5446 listed companies in China's domestic stock market have disclosed their reports for the third quarter of 2025. The data shows that the overall performance of listed companies continues to improve, with the leading role of science and technology innovation becoming more prominent, industrial structure upgrading, dividend repurchase frequency steadily increasing, and solid steps towards high-quality development. Continuous improvement in operating performance. In the first three quarters, listed companies collectively achieved operating income of 53.46 trillion yuan, net profit of 4.70 trillion yuan, an increase of 1.36% and 5.50% year-on-year, respectively. A total of 4183 listed companies in the market achieved profitability, with nearly 80% of companies making profits. 3182 companies saw revenue growth, 2467 companies saw net profit growth, and 1957 companies achieved growth in both revenue and net profit. Looking at the quarter, in the third quarter, listed companies saw a year-on-year growth of 3.82% in revenue and 11.45% in net profit, with a quarter-on-quarter growth of 2.40% and 14.12%, showing a significant improvement in growth rates compared to the first half of the year, and a continued positive trend quarter by quarter. Prominent growth of science and technology enterprises. In the first three quarters, companies listed on the Growth Enterprise Board, the Sci-Tech Innovation Board, and the Beijing Stock Exchange achieved operating revenue of 3.2486 trillion yuan, 1.0142 trillion yuan, and 0.1450 trillion yuan respectively, with net profits of 244.661 billion yuan, 44.125 billion yuan, and 9.203 billion yuan respectively, with the operating revenue and net profit of companies on the Growth Enterprise Board both growing by more than 10%. The number of listed companies with a "science" component increased, with the total market value reaching 107.32 trillion yuan, with the electronics industry ranking first, exceeding the banking industry, accounting for 12.42%, an increase of nearly 3 percentage points from the beginning of the year; the market value of the communications and computer industries increased by more than 900 billion yuan from the beginning of the year. Industrial development focusing on "new" energy gathering...