上交所：前三季度沪市上市公司合计实现营收37.58万亿元

Core Insights - As of October 31, 2025, companies listed on the Shanghai Stock Exchange reported a total operating revenue of 37.58 trillion yuan, showing a slight year-on-year increase [1] - The net profit reached 3.79 trillion yuan, reflecting a year-on-year growth of 4.5%, while the net profit after deducting non-recurring items was 3.65 trillion yuan, up 5.5% year-on-year [1] - In the third quarter, net profit and net profit after deducting non-recurring items grew by 11.4% and 14.6% year-on-year, respectively, significantly higher than the growth rates in the second quarter [1] Financial Performance - The cumulative cash dividends from 501 companies that announced dividend plans exceeded 600 billion yuan, marking a year-on-year increase of 3.3% [1] - The total operating revenue of 588 companies on the Sci-Tech Innovation Board reached 1.01 trillion yuan, representing a year-on-year growth of 6.6% [1] - The median R&D intensity of companies on the Sci-Tech Innovation Board was 12.4%, indicating significant advancements in multiple fields [1] Growth of Unprofitable Companies - Among the 33 unprofitable companies that disclosed their third-quarter reports, there was a notable revenue growth of 35.1% while reducing losses by 45.4% year-on-year [1] - These companies continued to increase their R&D investments, with a median R&D intensity of 44.3% [1]