Shanghai Stock Exchange: By 2024, the total operating income of companies listed on the main board of the Shanghai Stock Exchange will reach 49.57 trillion yuan

The Shanghai Stock Exchange released a summary of the 2024 annual reports of companies listed on the main board of the Shanghai Stock Exchange. In 2024, the total operating income of companies listed on the main board of the Shanghai Stock Exchange reached 4.957 trillion yuan, remaining stable compared to the previous year. The net profit was 435 billion yuan, and the non-recurring net profit was 414 billion yuan, an increase of 1.9% and 2.4% respectively compared to the previous year. 80% of companies were profitable, with 40% of companies seeing an increase in net profit compared to the previous year. More than 230 companies experienced a net profit growth of over 30%, with 78 companies turning losses into profits. The annual trend started off slow but picked up later, with net profits declining by 1% in the first half of the year and increasing by 5% in the second half. Operating cash flow significantly improved, with a further increase in growth rate to 15% in the fourth quarter, returning to the same level as the previous year on an annual basis. In the first quarter of 2025, the net profit of physical enterprises regained momentum, and operating cash flow turned significantly positive.