建筑装饰行业:营收业绩持续承压 现金流显著改善

国盛证券
Nov 01

业绩综述:营收增速环比小幅改善,业绩持续承压。建25筑Q上1-3市企业整体营收同降5.3%(Q1/Q2/Q3 同降6.1%/5.3%/4.5%),单季降幅环比收窄,主要因:1)部分基建领域(如铁路、市政等)项目确收环比有所好转;2)上年同期板块收入基数较低(24Q3 板块收入同降8%)。Q1-3 建筑行业整体归母净利润同降9.6%(Q1/Q2/Q3 同降8.7%/3.5%/18%),Q3 业绩降幅...

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