中国基金报·2025-11-04 16:20Core Viewpoint - The overall performance of companies listed on the Shenzhen Stock Exchange shows a stable upward trend, with both revenue and net profit achieving year-on-year and quarter-on-quarter growth, reflecting strong confidence in the capital market [1]. Revenue and Profit Growth - In the first three quarters of 2025, companies in the Shenzhen market achieved a total operating revenue of 15.72 trillion yuan, a year-on-year increase of 4.31%, and a net profit attributable to shareholders of 903.018 billion yuan, up 9.69% year-on-year [3]. - A total of 2,169 companies reported profits, accounting for 75.34% of the total, with 207 companies experiencing profit growth exceeding 100% [3]. - The main board and the ChiNext board both contributed to this growth, with the main board generating 12.47 trillion yuan in revenue and 658.357 billion yuan in net profit, while the ChiNext board achieved 3.2 trillion yuan in revenue and 244.661 billion yuan in net profit, both showing double-digit growth [3]. Leading Companies' Impact - There are 57 companies with a market capitalization exceeding 100 billion yuan, collectively generating 4.38 trillion yuan in revenue and 461.368 billion yuan in net profit, with growth rates significantly surpassing the overall market [4]. High Prosperity in Technology Sector - The technology sector continues to thrive, with industries such as electronics, power equipment, and communications benefiting from policy support and demand, becoming key drivers of performance growth [7]. - The electronics industry reported operating revenue of 1.59 trillion yuan, a year-on-year increase of 15.03%, and net profit of 791.22 billion yuan, up 32.12% [7]. - The power equipment sector achieved operating revenue of 1.32 trillion yuan, a 10% increase, and net profit of 946.09 billion yuan, up 29.53% [8]. - The communications sector saw operating revenue of 292.832 billion yuan, a 14.29% increase, and net profit of 307.94 billion yuan, up 36.71% [8]. Non-Banking Financial Sector Recovery - The non-banking financial sector has shown continuous recovery, with total operating revenue of 213.583 billion yuan, a year-on-year increase of 10.67%, and net profit of 608.54 billion yuan, up 49.03% [10]. - The brokerage sector performed particularly well, with total operating revenue of 1174.83 billion yuan, a 30.05% increase, and net profit of 509.14 billion yuan, up 77.15% [10]. R&D and Investor Returns - Companies in the Shenzhen market are increasingly focusing on R&D and returning value to investors, with total R&D expenses reaching 518.011 billion yuan, a year-on-year increase of 6.20% [12]. - In terms of investor returns, 507 companies announced cash dividend plans totaling 129.112 billion yuan, doubling from the previous year, and 257 companies disclosed share repurchase plans with a total cap of 74.57 billion yuan [12].