Core Insights - The Shenzhen Stock Exchange (SZSE) companies demonstrated strong performance in Q3 2025, with both revenue and net profit showing year-on-year and quarter-on-quarter growth, indicating a trend towards high-quality development [1][2][7] Financial Performance - SZSE companies achieved a total revenue of 15.72 trillion yuan, a year-on-year increase of 4.31%, and a net profit of 903.02 billion yuan, up 9.69% year-on-year [1] - 2,169 companies reported profits, representing 75.34% of the total, with 207 companies (9.54% of profitable companies) experiencing profit growth exceeding 100% [1] Sector Highlights - The main board showed resilience while the ChiNext board exhibited high growth characteristics, with revenues of 12.47 trillion yuan and 3.25 trillion yuan respectively, and net profits of 658.36 billion yuan and 244.66 billion yuan [2] - The electronics sector reported revenues of 1.59 trillion yuan, a 15.03% increase, and net profits of 791.22 billion yuan, up 32.12% year-on-year, benefiting from AI computing power and semiconductor demand [2][3] - The power equipment industry achieved revenues of 1.32 trillion yuan, a 10% increase, and net profits of 946.09 billion yuan, up 29.53% year-on-year, supported by national policies for new power systems [3] - The non-bank financial sector saw revenues of 213.58 billion yuan, a 10.67% increase, and net profits of 60.85 billion yuan, up 49.03% year-on-year, with brokerage firms showing significant performance [4] Innovation and R&D - SZSE companies increased R&D expenditures to 518.01 billion yuan, a 6.20% rise, with a research intensity of 3.29% [5][6] - 507 companies announced mid-term cash dividend plans totaling 129.11 billion yuan, doubling from the previous year, alongside increased share buybacks and holdings [6] Future Outlook - The strong performance and internal growth dynamics of SZSE companies lay a solid foundation for future high-quality development, with expectations for continued capital market contributions to the real economy [7]
深市公司2025年三季报“成绩单”揭晓:营收、净利实现同比、环比双增长
Zheng Quan Ri Bao Wang·2025-11-04 14:03