东吴证券维持中国铁建买入评级，2025Q1盈利继续承压，现金流有所改善

每日经济新闻2025-05-04

东吴证券05月03日发布研报称，维持中国铁建（601186.SH，最新价：7.81元）买入评级。评级理由主要包括：1）公司发布2025年一季报；2）营收继续承压，毛利率、归母净利率小幅下降；3）现金流有所改善，资产负债率小幅上升；4）2025Q1新签订单下降，铁路、矿山、电力等领域及海外订单表现突出。风险提示：基建投资增速不及预期的风险、新兴业务拓展不及预期的风险、信用减值风险。AI点评：中国铁建...

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