On November 2, the China Association of Listed Companies released its report on the 2026 third-quarter operating results of listed companies in the domestic stock market. In the first three quarters of 2026, China's economy withstood pressure and maintained stable operation, with GDP growing 4.6% year-on-year, overall price levels remaining stable, and the economy's resilience and vitality continuing to show.
As of October 31, a total of 5,578 listed companies across China's domestic stock market — comprising the Shanghai, Shenzhen, and Beijing stock exchanges, collectively referred to as the "full market" — had disclosed their 2026 third-quarter reports. The data shows that the operating performance of China's listed companies grew steadily, the vitality of technology-growth enterprises was unleashed, the driving role of new industrial momentum became evident, investor return mechanisms became more refined, and positive factors for high-quality development continued to accumulate.
Overall Operating Performance Grew Steadily
In the first three quarters, listed companies achieved total operating revenue of 56.8 trillion yuan, up 5.9% year-on-year, and realized net profit attributable to parent companies of 5.1 trillion yuan, up 8.5%. A total of 4,079 listed companies across the full market were profitable, the proportion of companies with positive revenue growth increased by 3.8 percentage points compared with the full year of last year, and more than 30% of companies achieved growth in both revenue and net profit. Companies on the Shanghai and Shenzhen main boards maintained steady operating cash flow, contributing 60% of the full market's revenue increment. Private listed companies showed sound development momentum, with revenue and net profit growing 13.5% and 22.6% respectively, and their revenue growth rate further improved compared with the first half of the year, with 208 companies turning around from year-on-year losses.
Vitality of Technology-Growth Enterprises Was Unleashed
In the first three quarters, companies listed on the ChiNext, STAR Market, and Beijing Stock Exchange together achieved operating revenue of 5.8 trillion yuan and net profit of 542.8 billion yuan, growing 27.0% and 79.8% respectively. The net profit increment of ChiNext companies exceeded 55 billion yuan, while that of STAR Market companies exceeded 184 billion yuan. The combined net profit increment of the two boards accounted for 60% of the full market, up 44 percentage points from the same period last year. The "technology" and "innovation" content of listed companies continued to increase, with the technology sector accounting for more than 30% of total market capitalization and strategic emerging industry companies accounting for more than 40%.
Investor Return Mechanisms Became More Refined
As of October 31, a total of 1,089 listed companies across the full market had announced cash dividend plans for the first quarter, half-year, and third quarter of 2026, an increase of 56 companies from the same period last year. Total cash dividends across the full market reached 801 billion yuan, with 100 companies paying dividends exceeding 1 billion yuan and 40 companies paying multiple dividends during the year. Excluding cases that were terminated, more than a thousand listed companies released 2026 buyback plans, with cumulative buyback amounts reaching 112.9 billion yuan. A total of 333 listed companies across the full market announced 2026 shareholding increase plans, with central and state-owned enterprises accounting for nearly 30% of the total. Since the beginning of the year, long-term funds including social security funds, annuities, and insurance have made net purchases of A-shares exceeding 600 billion yuan. Policies have continued to guide long-term capital and patient capital into the market, comprehensive investment and financing reforms have been advanced in an orderly manner, and the capital market is gaining new momentum, improving its structure, and enhancing its ecosystem.
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