Business · Economy · 3 hrs ago

A-share companies report higher revenue and profits in first three quarters

A-share companies report higher revenue and profits in first three quarters

By October 28, 3,490 companies listed on China’s A-share market had reported results for the first three quarters of 2026.

Together, they recorded revenue of 25.37 trillion yuan, up 8.55% year on year, and net profit attributable to shareholders of 1.96 trillion yuan, up 11.53%.

Profits grew faster than revenue, which the figures indicate alongside improved cash-flow quality.

Companies on the Shanghai and Shenzhen main boards made up 86.16% of reported net profit, while 280 companies on the Shanghai STAR Market reported revenue growth of 28.92% and profit growth of 59.32%.

Technology and advanced manufacturing were key growth areas, including electronics, power equipment, industrial automation and artificial intelligence.

For example, AI chip companies Hygon Information and Cambricon reported revenue growth of 57.58% and 106.76%, respectively.

The results point to gains from industrial upgrading and innovation, as orders, product sales and research spending rose in several sectors; analysts say this supports confidence in the market, though no specific next step is given.

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What people are saying

Aberdeen Group representativeRepresentative of a global asset management company
China is already leading in areas such as electric vehicles, industrial automation and solar energy, and some companies are also showing rapid development capabilities in fields such as artificial intelligence and humanoid robots.
via China News Service
Huafu Securities representativeRepresentative
Listed companies' growth in the first three quarters of this year was not simply driven by expansion in scale, but jointly by increased volume, an upgraded product mix and earnings resilience.
via China News Service
Yang ChengxiaoHead of the research institute at Minmetals Securities
A complete industrial chain, an enormous market and sustained technological innovation are reinforcing one another and expanding the growth space for high-quality companies.
via China News Service