A shares in 2024 disclose the financial report and three-quarters of the companies are profitable.
The A-share company's annual report for 2024 has just been released. According to the annual report data, in 2024, the listed companies in Shanghai and Shenzhen achieved a total 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 showed increasing profits. By sector, the net profit of the main board of the Shanghai stock exchange increased by 2.7% year-on-year. In terms of industry, among the 28 major categories, the agriculture, forestry, animal husbandry, and fishery, electronics, transportation, automotive, and retail industries were among those with the highest growth rates. The financial industry achieved a net profit of 2.7 trillion yuan, a year-on-year increase of 10.3%, with further acceleration compared to the third quarter report.
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