财经深一度|总体业绩显韧性、技术创新势头强——上市公司年报、一季报亮点盘点

Core Insights - The overall performance of listed companies in the Shanghai and Shenzhen stock markets shows resilience, with significant growth in various sectors driven by government policies and market reforms [2][3]. Group 1: Company Performance - 74% of listed companies achieved profitability in 2024, with 48% experiencing positive profit growth [2]. - In Q1 2025, listed companies reported a net profit of 1.5 trillion yuan, a year-on-year increase of 3.6%, which is 5.9 percentage points higher than the annual report [2]. - The operating revenue of listed companies accounted for 56% of GDP in 2024, highlighting their importance in the national economy [2]. Group 2: Sector Highlights - The home appliance and automotive sectors saw net profit growth of 7.1% and 11.1% respectively in 2024, with improvements from previous reports [2]. - The transportation sector's net profit increased by 11.5%, with airports and airlines showing remarkable growth of 75.6% and 69.3% in net profits [2]. - The express delivery industry experienced a revenue growth of 11.7% and a net profit increase of 22.7% [2]. Group 3: R&D and Innovation - Listed companies maintained high levels of R&D investment, totaling 1.6 trillion yuan in 2024, a 3.1% increase year-on-year [7]. - The proportion of R&D expenses to operating revenue reached 2.6%, up by 0.1 percentage points from 2023 [7]. - Companies focusing on strategic emerging industries accounted for over half of all listed companies, with significant investments in sectors like new information technology and high-end equipment manufacturing [7]. Group 4: Shareholder Returns - In 2024, cash dividends announced by 3,472 listed companies totaled 1.66 trillion yuan, marking a 7.2% increase year-on-year [13]. - The total dividend amount for the fiscal year reached 2.39 trillion yuan, with a historical high dividend yield of 3.59% for the CSI 300 index [13]. - The number of companies announcing interim dividends increased significantly, with 985 companies declaring a total of 699.47 billion yuan, representing 4.3 times the number and 2.7 times the amount from 2023 [13][14].