【券商聚焦】中原证券:建议配置基本面向好、分红与股息率高的传统周期机械板块

金吾财讯
May 20

金吾财讯 | 中原证券研究指,综合机械行业2025年报&2026Q1财报分析,包括船舶制造、工程机械、核电设备、起重运输设备、机床工具等周期机械板块部分进入行业复苏阶段,带动行业财报逐步好转,在中信机械行业增速排行前列。以光伏设备为代表的高成长子行业出现了分化,部分子行业成长不再,基础件等通用设备相对取得稳健的增长,不乏细分龙头企业脱颖而出。投资策略上,该机构建议继续配置基本面向好,盈利加速释放,分红和股息率较高的传统周期机械板块,例如船舶制造、工程机械行业龙头。随着中美贸易摩擦的缓和,市场风险偏好有提升,同时叠加全球科技牛市的大背景,利好成长板块投资。重点关注人形机器人、AIDC辅助设备等板块重点受益标的。

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