建筑行业2024年投资策略分析报告：新国九条央企市值国改低空经济AI铜矿有色弹性

23//()4//()5//()6()72022-2024

1-1220222023202416,000.014,000.012,000.010,000.08,000.06,000.04,000.02,000.00.01月2月3月4月5月6月7月8月9月10月11月12月8/2024Q1(%)/202439101112/13141516171819202122232425262023

12272023

12282023

122930313233343536373839404142431(415)EPS（元/股）2024E净利增速（%）PE股息率PB（LF）市值细分主题证券简称收盘价（元）评级十年历史分位(2014年至今)近12个月(亿元)2023E1.350.420.281.391.461.921.350.960.871.022025E1.740.480.361.971.782.121.601.251.131.252023E72024E2025E1272023E5.48.38.75.66.44.53.97.411.07.82024E4.77.77.54.65.84.33.56.49.46.92025E4.27.26.73.95.34.13.35.68.46.42.7%2.4%2.1%8.4%2.3%3.2%4.9%2.5%4.6%3.2%7.343.472.397.759.388.715.237.049.567.991.5514825%0.640.730.731.520.570.470.540.771.571.11166566021267512791096217743054中国中铁中国中冶上海建工四川路桥中国交建中国铁建中国建筑中国化学设计总院华设集团增持增持增持增持增持增持增持增持增持增持0.450.321.671.622.021.471.101.011.16-1680828%62%3%铜矿有色等1520115131810524-218%22%20%6%央企市值国改108981517131412810220%4%低空经济/智能驾驶55441(415)EPS（元/股）净利增速（%）PE股息率PB（LF）市值细分主题机器人证券简称收盘价（元）评级十年历史分位(2014年至今)近12个月(亿元)2023E1.710.980.820.740.190.320.590.991.100.920.520.290.890.440.900.642024E2025E2.151.151.170.910.240.440.751.831.441.300.680.381.540.801.180.912023E12024E2025E1282023E10.97.02024E9.72025E8.7鸿路钢构隧道股份华阳国际中国电建中国能建华电重工江河集团安科瑞1.4%5.4%2.7%2.3%1.1%1.8%0.3%1.1%2.4%0.5%3.3%1.6%0.4%1.6%5.0%0.9%18.666.821.921.071.000.820.210.390.671.361.271.090.600.341.180.661.040.7713912%1.450.791.470.700.911.590.923.031.721.421.220.852.352.240.862.2812921422增持增持增持增持增持增持增持增持增持增持增持增持增持增持增持增持10441216.420%1%5.9AI数字化11.035.162111121913381520161533501520181014161234131814143020141813.47.011.06.39.414%1%5.7889779662.2111.517.79.710.314.88.69.0新能源氢/BIPV5.69213725154418813%10%4%12.87.7等5.776518.4312.4411.846.6418.611.312.912.826.418.423.65.513.69.810.18.640中

材

国

际北方国际40%41%16%74%26%39%4%3291199510.814.523.013.815.84.89.1出

海

国

际

工

程

中钢国际中工国际9.77.7020.110.613.24.295上海港湾16.3810.48