锟斤拷锟斤拷锟斤拷锟斤拷锟捷从伙拷锟斤拷证券锟斤拷锟铰客伙拷锟斤拷锟斤拷锟斤拷锟接匡拷锟斤拷锟斤拷锟�25Q1业锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫憋拷锟斤拷锟斤拷原锟斤拷摘录锟斤拷
锟斤拷锟秸股凤拷(603600)
锟斤拷要锟桔点：
锟斤拷司锟斤拷锟斤拷2024锟斤拷锟疥报锟斤拷2025锟斤拷锟揭伙拷锟斤拷缺锟斤拷锟�
锟斤拷司2024锟斤拷实锟斤拷营业锟斤拷锟斤拷47.49锟斤拷元锟斤拷同锟斤拷锟斤拷锟斤拷34.22%锟斤拷实锟街癸拷母锟斤拷锟斤拷锟斤拷2.96锟斤拷元锟斤拷同锟斤拷锟铰斤拷0.56%锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷2024锟斤拷锟斤拷募锟斤拷锟绞碉拷锟接碉拷锟斤拷锟�13.59锟斤拷元锟斤拷同锟斤拷锟斤拷锟斤拷30.94%锟斤拷实锟街癸拷母锟斤拷锟斤拷锟斤拷0.71锟斤拷元锟斤拷同锟斤拷锟铰斤拷17.67%锟斤拷2025锟斤拷锟揭伙拷锟斤拷锟绞碉拷锟接碉拷锟斤拷锟�10.1锟斤拷元锟斤拷同锟斤拷锟斤拷锟斤拷17.93%锟斤拷实锟街癸拷母锟斤拷锟斤拷锟斤拷0.58锟斤拷元锟斤拷同锟斤拷锟斤拷锟斤拷34.81%锟斤拷2024Q4实锟街碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟绞凤拷赂撸锟斤拷锟斤拷殖锟斤拷虾玫锟斤拷锟斤拷锟斤拷锟酵凤拷锟�2025Q1锟斤拷锟斤拷锟斤拷锟斤拷同锟饺憋拷锟街较匡拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟铰伙拷锟斤拷锟斤拷要锟杰硷拷锟斤拷锟斤拷锟斤拷锟斤拷影锟届，同时贸锟斤拷摩锟斤拷锟斤拷锟斤拷锟斤拷锟秸讹拷锟斤拷锟斤拷锟竭讹拷锟斤拷锟斤拷品锟斤拷锟斤拷锟斤拷锟斤拷锟铰斤拷锟斤拷
锟斤拷锟桔筹拷锟斤拷锟竭撅拷锟斤拷锟斤拷锟铰客伙拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷目锟接匡拷锟斤拷锟�
锟街诧拷品锟斤拷锟斤拷锟斤拷2024锟斤拷旃拷锟�/沙锟斤拷/锟斤拷摩锟斤拷锟斤拷锟斤拷/锟斤拷锟�/锟斤拷锟斤拷锟斤拷/锟斤拷锟斤拷锟斤拷/锟斤拷锟斤拷锟街憋拷实锟斤拷营业锟斤拷锟斤拷34.16/6.45/2.40/1.48/0.91/0.36/1.53锟斤拷元锟斤拷锟街憋拷同锟斤拷锟斤拷锟斤拷33.54%/19.60%/0.93%/115.85%/137.56%/23.39%/172.24%锟斤拷锟街碉拷锟斤拷锟斤拷锟斤拷锟斤拷2024锟疥境锟斤拷/锟斤拷锟斤拷直锟绞碉拷锟接碉拷锟斤拷锟�11.22/36.06锟斤拷元锟斤拷锟街憋拷同锟斤拷锟斤拷锟斤拷25.89%/36.83%锟斤拷24锟疥公司锟斤拷锟斤拷实锟街较匡拷锟斤拷锟斤拷锟斤拷锟斤拷要锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟铰客伙拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷目锟接匡拷锟斤拷锟斤拷锟紺ostco锟斤拷Sam's锟饺讹拷锟斤拷锟揭拷锟斤拷锟斤拷痛锟酵伙拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟铰ｏ拷锟斤拷锟阶较达拷业锟斤拷锟斤拷锟斤拷锟斤拷同时锟较客伙拷锟斤拷锟脚份讹拷锟斤拷锟斤拷也锟叫诧拷小锟斤拷锟斤拷锟斤拷
战锟斤拷锟斤拷投锟斤拷锟斤拷锟斤拷品锟狡斤拷锟斤拷头锟秸癸拷锟揭碉拷瘢锟斤拷锟接帮拷炀伙拷锟斤拷锟�
2024锟疥公司毛锟斤拷锟斤拷为21.64%锟斤拷同锟斤拷-1.24pct锟斤拷锟斤拷锟斤拷/锟斤拷锟斤拷/锟叫凤拷/锟斤拷锟斤拷锟斤拷锟斤拷锟轿�6.55%/4.46%/3.41%/-0.25%锟斤拷同锟斤拷-0.88/-1.43/-0.07/+0.88pct锟斤拷锟斤拷母锟斤拷锟斤拷锟斤拷为6.24%锟斤拷同锟斤拷-2.18pct锟斤拷2024锟斤拷锟斤拷募锟斤拷裙锟剿久拷锟斤拷锟轿�19.02%锟斤拷同锟斤拷-3.39pct锟斤拷锟斤拷锟斤拷/锟斤拷锟斤拷/锟叫凤拷/锟斤拷锟斤拷锟斤拷锟斤拷锟轿�6.5%/3.56%/3.26%/-0.84%锟斤拷同锟斤拷-4.00/-4.16/+0.59/-0.72pct锟斤拷锟斤拷母锟斤拷锟斤拷锟斤拷为5.25%锟斤拷同锟斤拷-3.1pct锟斤拷2024锟疥净锟斤拷锟斤拷锟铰伙拷锟斤拷要系锟斤拷锟斤拷锟叫达拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷詹锟斤拷锟斤拷锟斤拷婕帮拷锟斤拷锟斤拷锟斤拷锟斤拷锟铰★拷2025锟斤拷锟揭伙拷锟斤拷裙锟剿久拷锟斤拷锟轿�20.65%锟斤拷同锟斤拷-1.47pct锟斤拷锟斤拷锟斤拷/锟斤拷锟斤拷/锟叫凤拷/锟斤拷锟斤拷锟斤拷锟斤拷锟轿�7.35%/5.14%/3.97%/-0.99%锟斤拷同锟斤拷+0.06/-0.80/+0.06/-0.72pct锟斤拷锟斤拷母锟斤拷锟斤拷锟斤拷为5.7%锟斤拷同锟斤拷+0.71pct锟斤拷锟斤拷司战锟斤拷锟斤拷投锟斤拷锟斤拷锟斤拷品锟狡斤拷锟斤拷头锟秸癸拷锟揭碉拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟揭碉拷锟斤拷锟斤拷锟斤拷锟斤拷腔锟斤拷氐锟斤拷锟斤拷锟侥匡拷锟斤拷锟斤拷诙锟斤拷锟斤拷诙跃锟斤拷锟斤拷锟斤拷锟揭伙拷锟接帮拷臁�
战锟斤拷锟皆诧拷锟街猴拷锟斤拷锟斤拷锟斤拷锟斤拷锟截ｏ拷锟斤拷锟斤拷锟斤拷锟斤拷凸锟斤拷
锟斤拷司目前锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟截ｏ拷锟斤拷锟斤拷时锟斤拷锟界、锟斤拷营锟斤拷锟斤拷锟斤拷欤拷锟斤拷芸锟斤拷愿锟斤拷锟饺拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷猿薪痈锟斤拷锟斤拷谐锟斤拷荻睢ｏ拷锟�1锟斤拷越锟较伙拷锟截ｏ拷锟斤拷司锟斤拷2018锟斤拷锟斤拷锟斤拷业锟斤拷锟斤拷锟饺★拷锟竭筹拷去锟斤拷投锟绞斤拷锟斤拷越锟斤拷锟斤拷锟斤拷锟斤拷锟截ｏ拷锟斤拷锟斤拷锟斤拷锟疥建锟斤拷锟斤拷锟节客伙拷锟斤拷源锟斤拷锟斤拷锟杰癸拷模锟斤拷锟斤拷锟截伙拷锟斤拷应锟斤拷锟斤拷锟斤拷员锟斤拷锟绞★拷锟斤拷锟斤拷锟斤拷锟秸等凤拷锟斤拷於拷思锟绞碉拷锟斤拷锟斤拷锟侥壳帮拷锟剿撅拷锟斤拷锟揭碉拷锟斤拷汛蟛糠锟绞碉拷锟斤拷锟皆斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟�2锟斤拷锟斤拷锟斤拷锟斤拷锟角伙拷锟截ｏ拷锟斤拷2023锟斤拷投锟斤拷锟斤拷锟斤拷锟接匡拷锟斤拷品锟斤拷锟斤拷筒锟斤拷锟斤拷锟斤拷拢锟酵憋拷锟较癸拷锟斤拷贸锟斤拷锟斤拷锟狡猴拷业锟斤拷展锟芥划锟斤拷2024锟斤拷锟铰癸拷锟斤拷锟斤拷锟截硷拷锟斤拷锟斤拷某锟斤拷锟斤拷锟绞╋拷锟斤拷涌锟斤拷锟斤拷锟斤拷锟叫э拷锟斤拷埽锟轿拷锟剿撅拷锟揭伙拷锟斤拷锟秸古凤拷锟斤拷谐锟斤拷峁╋拷锟斤拷锟斤拷锟街э拷拧锟斤拷诘锟角帮拷锟斤拷锟矫筹拷锟侥︼拷锟斤拷锟斤拷战锟揭伙拷锟斤拷哟锟脚凤拷锟斤拷突锟斤拷涌於╋拷锟阶拷频谋锟斤拷锟斤拷拢锟斤拷锟剿疚伙拷诠锟斤拷凇锟皆斤拷虾锟斤拷锟斤拷锟斤拷锟斤拷堑锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷乜锟斤拷锟叫拷锟斤拷锟酵伙拷全锟斤拷晒锟斤拷锟斤拷螅锟揭伙拷锟斤拷锟竭撅拷锟斤拷锟斤拷锟狡★拷同时锟斤拷锟斤拷司锟斤拷锟斤拷氩拷锟角匡拷锟接拷锟斤拷锟斤拷锟斤拷锟斤拷锟叫э拷突锟斤拷荻睿拷贫锟斤拷锟斤拷锟斤拷锟揭碉拷锟接匡拷锟斤拷展锟斤拷
投锟绞斤拷锟斤拷
锟斤拷司锟接匡拷锟狡斤拷锟接★拷锟斤拷锟斤拷锟斤拷锟斤拷模式为锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟截★拷锟斤拷锟斤拷品锟狡猴拷ODM模式锟斤拷锟截★拷锟斤拷战锟斤拷转锟酵ｏ拷锟斤拷锟斤拷锟斤拷业锟斤拷锟斤拷锟斤拷锟铰ｏ拷同时锟斤拷业锟斤拷也锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟狡ｏ拷预锟狡猴拷锟斤拷业锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷维锟街达拷前盈锟斤拷预锟解，预锟狡癸拷司2025-2027锟斤拷营锟秸分憋拷为56.25/64.25/71.16锟斤拷元锟斤拷锟街憋拷同锟斤拷锟斤拷锟斤拷18.4%/14.2%/10.8%锟斤拷锟斤拷母锟斤拷锟斤拷锟斤拷直锟轿�3.63/4.39/5.18锟斤拷元锟斤拷锟街憋拷同锟斤拷锟斤拷锟斤拷22.7%/20.8%/18.1%锟斤拷锟斤拷锟斤拷2025锟斤拷4锟斤拷25锟秸ｏ拷锟斤拷应EPS锟街憋拷为1.10/1.33/1.57元锟斤拷锟斤拷应PE锟街憋拷为9.02/7.47/6.32锟斤拷锟斤拷维锟街★拷锟斤拷锟诫”锟斤拷锟斤拷锟斤拷
锟斤拷锟斤拷锟斤拷示
锟斤拷锟绞猴拷劬锟斤拷锟斤拷锟斤拷蟹锟斤拷眨锟斤拷锟斤拷锟矫筹拷锟侥︼拷锟斤拷锟斤拷眨锟皆拷锟斤拷霞鄹癫ǘ锟斤拷锟斤拷眨锟斤拷锟斤拷锟揭伙拷锟绞诧拷锟斤拷锟斤拷锟斤拷锟斤拷锟斤拷税锟斤拷锟斤拷锟竭变动锟斤拷锟秸ｏ拷锟斤拷突锟斤拷锟斤拷蟹锟斤拷铡锟�
锟斤拷页
微锟脚癸拷锟节猴拷
证券之锟斤拷APP
