Фото: Владимир Вяткин / РИА Новости
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，详情可参考Line官方版本下载
Source: Computational Materials Science, Volume 266，这一点在heLLoword翻译官方下载中也有详细论述
The company’s gross margin has consistently been below the industry average, dropping to 23% in 2024 and then recovering to 24.7% in the first three quarters of 2025—still far below the 28%–32% level of leading players. Raw material costs accounted for as much as 87.5%, and rapid expense growth further squeezed profit margins. Overall, the company’s scale advantage stands out, but its earnings are not sufficiently stable. Growth remains primarily driven by store count, and operating efficiency urgently needs improvement.
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