第一财经·2025-09-03 10:26Core Viewpoint - The overall performance of companies listed on the ChiNext board shows strong growth in revenue and net profit for the first half of 2025, leading the A-share market [3][4]. Financial Performance - A total of 1,384 ChiNext companies reported a combined revenue of 2.05 trillion yuan, with an average revenue of 1.48 billion yuan, representing a year-on-year growth of 9.03% [3]. - The net profit for these companies reached 150.54 billion yuan, with an average of 109 million yuan, marking a year-on-year increase of 11.18% [3]. - The net profit excluding non-recurring items was 130.93 billion yuan, with an average of 95 million yuan, reflecting a growth of 11.80% year-on-year [3]. Profitability and Growth - Over 70% of the listed companies achieved profitability, with more than half reporting a year-on-year increase in net profit [5][6]. - Specifically, 1,028 companies were profitable, accounting for 74.28%, and 728 companies saw a net profit growth, representing 52.6% [6]. - In key sectors such as advanced manufacturing, digital economy, and green low-carbon, over 800 companies generated a combined revenue of 1.34 trillion yuan, with a net profit of 113.92 billion yuan, showing growth rates of 9.87% and 15.90% respectively [6]. Sector Performance - In the green low-carbon sector, over 190 companies achieved a revenue of 507.35 billion yuan, growing by 10.85%, and a net profit of 49.70 billion yuan, increasing by 25.55% [6]. - The new energy vehicle industry saw a revenue growth of 11.45% and a net profit increase of 23.38% [7]. - The digital economy sector, comprising over 300 companies, reported a revenue of 370.95 billion yuan, up 8.66%, and a net profit of 29.22 billion yuan, up 40.03% [7]. Investment and R&D - Companies on the ChiNext board showed a significant recovery in investment expansion, with long-term asset investments totaling 182.23 billion yuan, a year-on-year increase of 9.43% [13]. - R&D expenditures across ChiNext companies reached 94.99 billion yuan, growing by 5.35% year-on-year, with 188 companies spending over 100 million yuan on R&D [12][13]. - The second quarter of 2025 saw a notable increase in R&D spending, with 49.87 billion yuan invested, reflecting a quarter-on-quarter growth of 10.51% [12].