Chinese listed companies report combined revenue of over 71 trln yuan in 2024

BEIJING, May 8 (Xinhua) -- Data from the China Association for Public Companies showed Thursday that 5,412 listed companies on the Shanghai, Shenzhen and Beijing stock exchanges generated a combined operating revenue of 71.98 trillion yuan (about 9.99 trillion U.S. dollars) and a net profit of 5.22 trillion yuan in 2024.

Of these companies, 4,036 were profitable in 2024, representing roughly three-quarters of the total number of listed companies. Among the profitable companies, 2,194 achieved profit growth, and 553 saw their profits surge by more than 100 percent last year.

The total R&D investment of listed companies continued to rise in 2024, reaching 1.88 trillion yuan -- up nearly 60 billion yuan from the previous year.

In the first quarter of 2025, Chinese listed companies achieved net profits of 1.49 trillion yuan, marking a 3.55-percent increase year on year. A total of 4,084 companies were profitable in the first quarter, further consolidating the positive recovery trend.

As of the end of April 2025, the total number of listed companies in China had reached 5,420. Some of them delayed disclosing their 2024 financial reports. ■