创业板Q3业绩增速领跑A股

Core Insights - The ChiNext board demonstrated strong resilience in Q3 2025, with 1,388 companies reporting a total revenue of 3.25 trillion yuan, a year-on-year increase of 10.69%, and a net profit of 244.66 billion yuan, up 18.69% [1][2] Group 1: Financial Performance - In Q3 2025, ChiNext companies achieved total revenue of 1.18 trillion yuan, a quarter-on-quarter growth of 7.13%, and a net profit of 93.26 billion yuan, reflecting a significant quarter-on-quarter increase of 18.32% [1] - Among the top 100 companies by market capitalization, total revenue reached 1.54 trillion yuan, growing 17.72% year-on-year, with net profit at 170.84 billion yuan, up 26.78% [2] - The average gross margin for ChiNext companies increased by 0.87 percentage points, while the period expense ratio decreased by 0.93 percentage points, indicating improved operational efficiency [2][3] Group 2: Investment and R&D - Long-term asset investments by ChiNext companies totaled 273.77 billion yuan in the first three quarters of 2025, marking a year-on-year increase of 9.46% [3] - R&D expenditures reached 147.35 billion yuan in the first three quarters, up 6.20% year-on-year, with 271 companies investing more than 10% of their revenue in R&D [3] Group 3: Sector Performance - The electronics sector saw a revenue increase of 21.65% year-on-year, with net profit rising by 36.29% [5][6] - The telecommunications sector reported a revenue growth of 24.82% and a net profit increase of 94.10% year-on-year [5] - Traditional industries such as basic chemicals and non-ferrous metals experienced profit recovery, with net profits increasing by 28.86% and 15.94% respectively [7]