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112 STAR Market firms post Q3 2026 results, net profit up 86.25%

As of Oct. 27, 112 companies on China’s STAR Market had disclosed their 2026 third-quarter reports, posting combined revenue of 266.790 billion yuan, up 35.93% year on year, and combined net profit of 26.892 billion yuan, up 86.25%. The eight STAR 50 constituents accounted for 27% of the disclosed companies’ total revenue and 46% of their total net profit.

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AI take

The profit growth far outpacing revenue growth suggests margin expansion, not just volume, is driving STAR Market earnings — a meaningful signal for a board positioned around hard-tech and innovation themes. The concentration of profit in the eight STAR 50 constituents is the more telling detail: index heavyweights are carrying the aggregate, so headline growth may overstate breadth. Whether that concentration persists as more companies report is the open question, and it matters most for anyone tracking the board as a proxy for China's tech earnings quality.

Generated by AI for reference only.

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