中信建投:建筑行业上半年业绩承压现金流持续改善 关注高股息和高景气方向

智通财经
Sep 23
【中信建投:建筑行业上半年业绩承压现金流持续改善 关注高股息和高景气方向】中信建投研报称,2026年上半年建筑装饰行业实现营收3.62万亿元,同比下降9.2%,实现归母净利润683.8亿元,同比下降25.5%,利润降幅高于收入降幅,主因费用率上升与减值增加,二季度营收、利润降幅均扩大。行业经营性现金流同比少流出786.1亿元,收现比较上年同期提高4.2个百分点至99.4%,现金流改善趋势确立,21家公司已宣告中期分红。化学工程营收基本持平、洁净室业绩高增,装修装饰扭亏为盈,钢结构毛利率回升。建议关注高股息红利标的,以及化学工程、洁净室等高景气方向。

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