A-share listed companies have been successively disclosing their semi-annual reports, bringing joy to some and sorrow to others.

Wind data indicates that, as of August 2nd, 1,715 A-share listed companies have published their semi-annual performance forecasts, with a cumulative total of 173 companies disclosing their semi-annual reports or performance quick reports. Among them, 162 companies have achieved profitability, while 11 have reported losses. The listed companies that have published their semi-annual reports have collectively achieved a revenue of 1,277.48 billion yuan.

The performance of banks continues to lead by a significant margin. The latest data shows that among the top ten A-share listed companies in terms of profitability in the first half of this year, banks occupy three spots. Real estate listed companies appear somewhat forlorn, with more than half of the real estate companies that have published their performance reporting losses.

24 Listed Companies Exceed 10 Billion in Revenue

Wind reveals that among the 173 listed companies that have disclosed their semi-annual reports, three companies have broken through the 100 billion yuan mark in revenue. They are CATL (300750.SZ), Poly Development (600048.SH), and Huaneng International (600011.SH), with first-half revenues of 166.77 billion yuan, 139.26 billion yuan, and 118.81 billion yuan, respectively.

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There are 24 companies with revenues exceeding 10 billion yuan in the first half of the year, among which six have a revenue scale exceeding 50 billion yuan. In addition to the aforementioned three companies, there are Sumec (600710.SH), Hai Da Group (002311.SZ), and China Merchants Shekou (001979.SZ). These three companies achieved revenues of 55.93 billion yuan, 52.30 billion yuan, and 51.27 billion yuan in the first half of the year, respectively, with year-on-year declines of 13.30%, 0.84%, and 0.33%.

Companies with better revenue growth are mainly concentrated in small and medium-sized enterprises with a scale of less than 30 billion yuan. Among them, the three companies with the best revenue growth in the first half of the year are Kangxin New Material (600076.SH), Asia Integrated (603929.SH), and Haitong Development (603162.SH), with year-on-year revenue growth rates of 513.72%, 206.06%, and 129.03%, achieving revenues of 301 million yuan, 2.85 billion yuan, and 1.69 billion yuan, respectively.

Looking at the profitability, among the companies that have published their semi-annual performance reports, 162 listed companies have achieved profitability. However, only CATL and Nanjing Bank (601009.SH) have a net profit attributable to shareholders exceeding 10 billion yuan, at 22.865 billion yuan and 11.594 billion yuan, respectively. Following closely are Hangzhou Bank (600926.SH), Poly Development, and Huaneng International, with net profits attributable to shareholders of 9.996 billion yuan, 7.508 billion yuan, and 7.454 billion yuan, respectively, in the first half of this year.

The growth rates of net profit attributable to shareholders for CATL, Nanjing Bank, Hangzhou Bank, Poly Development, and Huaneng International in the first half of this year are 10.37%, 8.51%, 20.06%, -38.57%, and 18.16%, respectively. According to Poly Development's announcement, the decline in the growth rate of net profit attributable to shareholders is due to the downturn in the real estate market and price pressure, leading to a decrease in the equity ratio of the company's transferred projects during the reporting period.

Among the 173 A-share listed companies that have disclosed their semi-annual reports, 22 have doubled their profits. Times Weekly reporters also noticed that three listed companies have seen a net profit attributable to shareholders growth rate exceeding 500% in the first half of this year, namely Yichang Technology (002420.SZ), Chengzhi Shares (000990.SZ), and Liuzhou Chemical (600423.SH), with net profits attributable to shareholders of 700 million yuan, 1.87 billion yuan, and 160 million yuan, respectively, with year-on-year growth rates of 6217.42%, 617.67%, and 601.21%.Banks Remain "Most Profitable"

The profitability of the banking industry continues to lead the way. Among the top 10 most profitable enterprises, three are from the banking sector, namely Nanjing Bank, Hangzhou Bank, and Qilu Bank (601665.SH).

In the first half of this year, the net profits attributable to the parent company of the aforementioned three banks were 11.594 billion yuan, 9.996 billion yuan, and 2.347 billion yuan, respectively, representing year-on-year increases of 8.51%, 20.06%, and 16.98%, respectively. Looking at the revenue scale for the first half of the year, only Nanjing Bank and Hangzhou Bank exceeded 10 billion yuan, with 26.216 billion yuan and 19.34 billion yuan, respectively. Qilu Bank's revenue scale is relatively smaller, at only 6.412 billion yuan. Compared with the same period last year, the revenue growth rates of Nanjing Bank, Hangzhou Bank, and Qilu Bank increased by 7.86%, 5.36%, and 5.53%, respectively.

According to the semi-annual report, the growth in performance of Nanjing Bank in the first half of this year is mainly due to the company's deep cultivation of the business area in the first half of the year, focusing on serving the real economy, concentrating efforts on the "five major financial articles," continuously increasing support for key areas of the real economy, and achieving better results with high-quality financial services to promote economic and social development.

Wind data shows that in the first half of this year, Sunan Bank (603323.SH) and Rui Feng Bank (601528.SH) achieved revenues of 2.264 billion yuan and 2.174 billion yuan, respectively, with year-on-year increases of 8.02% and 14.90%, respectively. In the same period, Sunan Bank and Rui Feng Bank achieved net profits attributable to the parent company of 1.121 billion yuan and 843 million yuan, respectively, with year-on-year increases of 15.81% and 15.48%, respectively.

The performance of the banking sector in the secondary market is also particularly eye-catching. From the beginning of the year to now, the bank index has increased by 22.72%, ranking 3rd in the industry index increase and decrease. The stock performance of Nanjing Bank and Hangzhou Bank is the best, with their stock price increases being 45.26% and 39.62%, respectively, from the beginning of the year to the close on August 1.

The recovery of the performance of listed real estate companies is relatively slow. Among the 173 companies that have disclosed their semi-annual reports, only Poly Development and Sinosteel International (000928.SZ) rank in the top 50 in terms of profitability. Among the 79 listed real estate companies that have released their semi-annual performance forecasts, 48 real estate companies have net losses attributable to the parent company, accounting for more than 60%.

In the first half of this year, Poly Development achieved a total operating income of 139.269 billion yuan, a year-on-year increase of 1.64%; the net profit attributable to the shareholders of the listed company was 7.508 billion yuan, a year-on-year decrease of 38.57%. In the same period, Sinosteel International's operating income was 9.073 billion yuan, a year-on-year decrease of 15.15%; the net profit was 417 million yuan, a year-on-year increase of 21.71%.

In response to this, Sinosteel International stated that the company has strengthened "accounting management," and has achieved a significant increase in the net profit attributable to the shareholders of the listed company after deducting non-recurring gains and losses through measures such as refined project management and cost reduction and efficiency improvement.