A-share market's 2024 annual report closes with three-quarters of companies making a profit.
The annual report of A-shares in 2024 has just been released. According to the annual report data, in 2024, the listed companies in Shanghai and Shenzhen collectively achieved operating income of 71.8 trillion yuan, with a net profit of 5.2 trillion yuan. 74% of listed companies were profitable, and 48% of companies saw their profits increase. Looking at different sectors, the net profit of the main board in Shanghai increased by 2.7% year-on-year. In terms of industries, industries such as agriculture, forestry, animal husbandry, fisheries, electronics, transportation, automotive, and retail trade saw significant growth. The financial sector achieved a net profit of 2.7 trillion yuan, with a year-on-year growth of 10.3%, showing further improvement compared to the third quarter report.
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