Nan Fang Du Shi Bao·2025-11-05 12:40Core Insights - The Shenzhen Stock Exchange (SZSE) companies reported a total operating revenue of 15.72 trillion yuan and a net profit of 903.02 billion yuan for the first three quarters of 2025, showing year-on-year growth of 4.31% and 9.69% respectively [2][3] - Over 75% of the companies reported profits, with more than 53% experiencing year-on-year profit growth, indicating a robust performance across the board [3] - The performance of leading companies remains strong, particularly in the technology sector, driven by innovation [2][3] Financial Performance - A total of 2,879 SZSE companies disclosed their Q3 2025 reports, with 2,169 companies achieving profitability, representing 75.34% of the total [3] - The main board and ChiNext achieved operating revenues of 12.47 trillion yuan and 3.25 trillion yuan respectively, with net profits of 658.36 billion yuan and 244.66 billion yuan, showing a net profit increase of 6.68% for the main board and double-digit growth for ChiNext [3] - Companies with a market capitalization exceeding 100 billion yuan generated 4.38 trillion yuan in revenue and 461.37 billion yuan in net profit, with year-on-year growth rates of 10.70% and 13.84% respectively [3] Sector Performance - The electronics industry reported operating revenue of 1.59 trillion yuan and net profit of 791.22 billion yuan, reflecting year-on-year growth of 15.03% and 32.12% respectively [4] - The power equipment sector achieved operating revenue of 1.32 trillion yuan and net profit of 946.09 billion yuan, with year-on-year increases of 10% and 29.53% respectively, benefiting from national policies supporting new energy systems [5] - The telecommunications sector saw operating revenue of 292.83 billion yuan and net profit of 307.94 billion yuan, with year-on-year growth of 14.29% and 36.71% respectively [6] R&D and Innovation - SZSE companies invested a total of 518 billion yuan in R&D, marking a year-on-year increase of 6.20%, with a research intensity of 3.29% [7] - A total of 507 companies announced cash dividend plans amounting to 129.11 billion yuan, doubling from the previous year, alongside increased share buybacks and holdings [7]