据证券之星公开数据整理，近期中铁工业（600528）发布2025年中报。截至本报告期末，公司营业总收 入135.83亿元，同比下降2.82%，归母净利润6.88亿元，同比下降26.36%。按单季度数据看，第二季度 营业总收入72.44亿元，同比上升5.61%，第二季度归母净利润3.7亿元，同比下降20.65%。本报告期中 铁工业公司应收账款体量较大，当期应收账款占最新年报归母净利润比达1031.21%。 本次财报公布的各项数据指标表现一般。其中，毛利率17.76%，同比减5.47%，净利率4.95%，同比减 24.9%，销售费用、管理费用、财务费用总计8.68亿元，三费占营收比6.39%，同比减7.59%，每股净资 产11.04元，同比增5.29%，每股经营性现金流-1.01元，同比增0.28%，每股收益0.28元，同比减26.32% | 项目 | 2024年中报 | 2025年中报 | 同比增幅 | | --- | --- | --- | --- | | 营业总收入(元) | 139.78亿 | 135.83 Z | -2.82% | | 归母净利润(元) | 9.34Z | 6.88 Z | -26.36 ...

本报讯 （记者贺王娟）8月29日晚间，中铁高新工业股份有限公司（以下简称"中铁工业"）发布2025年半年度报告。报告 显示，2025年1月至6月，公司完成新签合同额214.1亿元；实现营业收入135.84亿元，利润总额7.96亿元，归属于上市公司股东 的净利润6.88亿元。 第二季度业绩环比改善。报告期内，中铁工业实现营业收入135.84亿元，其中第二季度72.44亿元，环比增长14.28%；利润 总额7.96亿元，其中第二季度4.34亿元，环比增长19.79%；归属于上市公司股东的净利润6.88亿元，其中第二季度3.7亿元，环 比增长16.50%，第二季度主要经营业绩环比均实现增长，企业盈利能力得到改善。 未来，公司将依托在隧道施工装备方面的设计、研发、制造优势和在高原铁路、重大水利水电项目设备应用和技术储备优 势，积极跟进项目进展。据了解，未来，随着重大水利工程、新藏铁路等重大项目及城际铁路网建设、城市更新等项目及政策 的实施落地，叠加行业机械化、智能化、绿色化转型升级等机遇，公司隧道掘进机等主营业务将迎来更加广阔的市场空间。 （编辑 郭之宸） 海外业务持续增长。报告期内，中铁工业完成新签合同总额214. ...

截至2025年7月30日15时，中铁工业股价报9.30元，较前一交易日下跌0.34元，跌幅3.53%。当日开盘价 为9.42元，最高触及9.63元，最低下探至9.27元，成交量为127.45万手，成交金额达12.01亿元。 中铁工业主要从事隧道施工装备、轨道交通装备等高端装备的研发制造。公司产品包括盾构机、 TBM、桥梁钢结构、道岔等，广泛应用于铁路、公路、市政、水利水电等基础设施建设领域。 2025年7月30日，中铁工业主力资金净流出1.5亿元，占流通市值的0.73%。 风险提示：投资有风险，入市需谨慎。 公司7月30日晚间披露的半年报显示，2025年上半年新签合同总额214.1亿元，其中海外订单18.9亿元， 同比增长5.24%。隧道施工装备及相关服务业务新签合同54.85亿元，在水利水电领域市场占有率超过 60%。7月24日，公司首台全链"四川造"土压平衡盾构机"川山甲1号"正式下线，该设备专为零下40摄氏 度极端低温环境设计。 ...

Group 1 - The company achieved a total new contract value of 21.41 billion yuan in the first half of the year, with overseas contracts amounting to 1.89 billion yuan, reflecting a year-on-year growth of 5.24% [2] - Major sources of overseas orders include shield machines/TBM products from Western Europe, the Middle East, and Oceania, as well as bridge steel structures from Northern Europe and turnout orders from North Africa [2] - The company signed contracts worth 5.485 billion yuan for tunnel construction equipment and related services, with significant growth in the emerging hydropower sector despite a decrease in traditional infrastructure investment demand [2] Group 2 - The first fully "Sichuan-made" earth pressure balance shield machine, "Chuan Shan Jia No. 1," was launched, specifically designed for construction in extreme low-temperature environments [3] - The manufacturing base for this machine is a collaboration between the company and Sichuan Water Development Group, focusing on high-end equipment needs in high latitude and high altitude regions [3] - The hydropower market is identified as a key growth area for the company's tunnel construction equipment and related services, with ongoing efforts to enhance product sophistication, sustainability, and intelligence [3]

在公告中，中铁工业披露上半年新签约隧道施工装备及相关服务业务54.85亿元；据了解，除传统基建 领域受投资需求影响有所减少之外，公司在新兴的水利水电领域新签订单同比增长。根据中铁工业2024 年年报，公司盾构机/TBM产品在国内水利水电工程建设领域市场占有率超过60%，其中抽水蓄能电站 领域占有率约85%。自7月19日雅鲁藏布江下游水电工程正式开工以来，资本市场对该项目给予了较高 关注度，中铁工业作为全球盾构机/TBM龙头，也受到了投资机构的青睐，7月21日—24日，录得了自 2017年初重组上市以来的首个"四连板"。 另据新华社等媒体报道，7月24日，首台全链"四川造"土压平衡盾构机"川山甲1号"在中铁工业所属中铁 智能装备制造基地下线，该设备专为零下40摄氏度极端低温环境下的永久冻土层施工量身定制；据中铁 工业介绍，该基地是公司与四川省水利发展集团联合打造的西南地区首个全断面隧道掘进机智能总装产 线，将瞄准高纬度高海拔地区高端装备需求持续开展盾构机、TBM、钻爆法专用设备等产品的研发制 造，为川西、西藏等西南地区的水利水电、铁路等项目提供关键技术和产品支持；未来，作为中铁工 业"第二增长曲线"的重要拓展领 ...

Group 1: Research Basic Information - The research object is Haibo Heavy Industry Co., Ltd., belonging to the engineering construction industry [16] - The reception time was on June 12, 2025, and the listed company's reception staff included General Manager Da Hao, Board Secretary Zhang Xue, and Financial Controller Xu Weimin [16] Group 2: Detailed Research Institutions - The reception object was investors participating in the 2025 Investor Collective Reception Day event for listed companies in Hubei Province, and the object type was "other" [19] Group 3: Core Views of the Company - The company is exploring new growth points and potential in the traditional bridge steel structure industry through technology - driven product upgrades, market expansion and diversified business layout, and digital transformation [23] - In terms of personnel appointment, the company adheres to a modern enterprise management system and selects professionals based on ability and experience, respecting the personal career choices of the actual controller's children [25] - The company aims to consolidate the domestic market, expand overseas markets, and explore diversified businesses around steel structures while the actual controller has no current plan to introduce external strategic investors [25]

Group 1: Company Growth Potential - The company is exploring new growth highlights and potential despite being in a traditional bridge steel structure industry, focusing on technology innovation to drive product upgrades [3] - The company is expanding its market presence by responding to the "Belt and Road" initiative and actively exploring overseas markets while diversifying its business beyond traditional bridge steel structures [3][4] - Digital transformation is being prioritized to enhance management efficiency and reduce costs through the optimization of ERP systems [4] Group 2: Management and Strategic Decisions - The company adheres to a modern corporate management system, ensuring that personnel selection is based on merit and experience to maintain operational professionalism and efficiency [4] - The controlling shareholder's children are not guaranteed positions within the company, as their career choices are respected and not influenced by family ties [4] - Currently, there are no plans to introduce external strategic investors, although the company remains open to such considerations if it aligns with strategic development goals [4]