2 1 Shi Ji Jing Ji Bao Dao·2025-04-29 13:36Core Points - A-share companies have reported their 2024 annual results, with 5,303 companies disclosing their financials, 2,997 of which achieved year-on-year revenue growth, and 2,529 companies reported an increase in net profit attributable to shareholders [1] Group 1: Top Profitability Companies - The top ten companies by net profit in 2024 include Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, Bank of China, China National Petroleum Corporation, China Merchants Bank, China Mobile, CNOOC, Ping An Insurance, and China Life Insurance [2][3] - The threshold for entering the top ten "profit kings" was a daily profit exceeding 290 million yuan, with all ten companies reporting net profits over 10 billion yuan [3] - The highest net profit was recorded by Industrial and Commercial Bank of China at 365.86 billion yuan, averaging approximately 999.6 million yuan per day [3] Group 2: Excluding Financial Sector - The top ten companies by net profit, excluding financial stocks, are China National Petroleum Corporation, China Mobile, CNOOC, Kweichow Moutai, China Shenhua Energy, CATL, Sinopec, COSCO Shipping Holdings, China State Construction Engineering, and BYD [4] - The three major oil companies collectively earned 352.93 billion yuan, averaging about 964 million yuan per day, with both China National Petroleum Corporation and CNOOC exceeding 100 billion yuan in net profit [4] Group 3: Industry Performance - The banking sector emerged as the most profitable industry, generating over 2.14 trillion yuan in net profit and more than 5.64 trillion yuan in revenue in 2024 [5][8] - Eleven banks reported a net profit growth exceeding 10%, highlighting the strong performance of local small and medium-sized banks [8]