三個皮匠報告
政策庫
new
付費
搜索

不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）-行業數據

不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）
? 泛品+獨立站：包括環球易購等，對企業品牌力及綜合能力要求較高，如站外引流、本土化運營、倉儲&物流、庫存管理、SKU 管理等能力。
行業數據 下載Excel 下載圖片 原圖定位
圖片屬性
圖片格式：PNG 圖片大?。?10KB 圖片尺寸：2316*1297
同報告圖片
 / 74
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第1頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第2頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第3頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第4頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第5頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第6頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第7頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第8頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第9頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第10頁
fCDlubTku70gfCDkuJzljZfkuprph43ngrnlm73lrrbnlLXllYZHTVbvvIjkur/nvo7lhYPvvIkgfAp8LS0tLS0tfC0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tfAp8IDIwMTkgfCA1MCAgICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDIwMjAgfCA4MCAgICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDIwMjEgfCAxMjAgICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDIwMjIgfCAxNDAgICAgICAgICAgICAgICAgICAgICAgICAgfAp8IDIwMjVFIHwgMjEwICAgICAgICAgICAgICAgICAgICAgICAgIHwKCui1hOaWmeadpea6kO+8muiJvueRnuWSqOivou+8jOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第11頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第12頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第13頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第14頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第15頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第16頁
fCDlnLDljLogfCDljaDmr5QgfAp8IC0tLSB8IC0tLSB8Cnwg576O5Zu9IHwgMzQuMzAlIHwKfCDoi7Hlm70gfCA2LjUwJSB8Cnwg5b635Zu9IHwgNC42MCUgfAp8IOmprOadpeilv+S6miB8IDMuOTAlIHwKfCDkv4TnvZfmlq8gfCAyLjkwJSB8Cnwg5YW25LuWIHwgNDcuODAlIHwKCui1hOaWmeadpea6kO+8muiJvueRnuWSqOivou+8jOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第17頁
fCDluILlnLogICB8IOWNoOavlCAgfAp8LS0tLS0tLS18LS0tLS0tLXwKfCDljJfnvo4gICB8IDMwJSAgIHwKfCDmrKfmtLIgICB8IDI0JSAgIHwKfCDkuJzljZfkupogfCAxNCUgICB8Cnwg5pel6Z+pICAgfCA2JSAgICB8Cnwg5L+E572X5pavIHwgNiUgICAgfAp8IOS4reS4nCAgIHwgNiUgICAgfAp8IOmdnua0siAgIHwgNCUgICAgfAp8IOaLiee+jiAgIHwgNCUgICAgfAp8IOa+s+a0siAgIHwgMiUgICAgfAp8IOWFtuS7lue7huWIhuW4guWcuiB8IDQlICAgIHwKCui1hOaWmeadpea6kO+8mumbqOaenOi3qOWig++8jOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第18頁
fCDlnLDljLogICB8IOWNoOavlCAgfAp8LS0tLS0tLS18LS0tLS0tLXwKfCDpnZ7mtLIgICAgfCA1JSAgICB8Cnwg5Lqa5rSy5YW25LuWIHwgMTAlICAgfAp8IOWMl+e+jiAgICB8IDE0JSAgIHwKfCDkuJzljZfkupogIHwgMTklICAgfAp8IOaLieS4gee+jua0siB8IDI0JSAgIHwKfCDmrKfmtLIgICAgfCAyNCUgICB8Cnwg5Lit5LicICAgIHwgNCUgICAgfAp8IOWFtuS7liAgICB8IDElICAgIHwKCui1hOaWmeadpea6kDogU2Vuc29yIFRvd2VyLCDlm73nm5vor4HliLjnoJTnqbbmiYA=
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第19頁
fCDlnLDljLogICB8IOS4i+i9vemHj+WQjOavlOWinumVv+eOhyB8CnwtLS0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS18Cnwg5Lit5LicICAgIHwgMTAlICAgICAgICAgICAgICB8Cnwg6Z2e5rSyICAgIHwgNDAlICAgICAgICAgICAgICB8Cnwg5Lqa5rSy5YW25LuWIHwgMjAlICAgICAgICAgICAgICB8Cnwg5YyX576OICAgIHwgNTAlICAgICAgICAgICAgICB8Cnwg5Lic5Y2X5LqaICB8IDUlICAgICAgICAgICAgICAgfAp8IOaLieS4gee+jua0siB8IDUlICAgICAgICAgICAgICAgfAp8IOasp+a0siAgICB8IDIlICAgICAgICAgICAgICAgfAoK6LWE5paZ5p2l5rqQOiBTZW5zb3IgVG93ZXIsIOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第20頁
fCDlk4HnsbsgICB8IOWNoOavlCAgfAp8LS0tLS0tLS18LS0tLS0tLXwKfCDmnI3oo4XpnovlsaUgfCAyMy4zJSB8CnwgM0PnlLXlrZAgIHwgMjEuOCUgfAp8IOWutuWxhSAgICB8IDE3LjQlIHwKfCDmiLflpJYgICAgfCAxMS40JSB8Cnwg576O5aaGICAgIHwgNi41JSAgfAp8IOWFtuS7liAgICB8IDE5LjclIHwKCui1hOaWmeadpea6kO+8muiJvueRnuWSqOivou+8jOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第21頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第22頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第23頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第24頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第25頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第26頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第27頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第28頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第29頁
5qC55o2u5oKo5o+Q5L6b55qE5Zu+54mH5YaF5a6577yM5Lul5LiL5piv5o+Q5Y+W55qE5pWw5o2u55Sf5oiQ55qE6KGo5qC877yM5bm25Zyo6KGo5qC85LiL5pa55bGV56S65LqG6LWE5paZ5p2l5rqQ77yaCgp8IOeOr+iKgiB8IOWPguS4juaWuSB8CnwgOi0tOiB8IDotLTogfAp8IOWktOeoiyB8IOWktOeoi+S7kyB8Cnwg5rW35YWzIHwg5rW35YWzIHwKfCDlsL7nqIvphY3pgIEgfCDmtbflpJbku5MgfAp8IOa2iOi0ueiAhSB8IOa2iOi0ueiAhSB8CgrotYTmlpnmnaXmupDvvJrlm73nm5vor4HliLjnoJTnqbbmiYDnu5jliLY=
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第30頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第31頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第32頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第33頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第34頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第35頁
fCDlubPlj7AgICAgICAgfCDljaDmr5QgIHwKfC0tLS0tLS0tLS0tLXwtLS0tLS18CnwgQW1hem9uICAgICB8IDMzJSAgfAp8IEFsaUV4cHJlc3MgfCAyNiUgIHwKfCBlQmF5ICAgICAgIHwgMTklICB8CnwgV2lzaCAgICAgICB8IDExJSAgfAp8IExhemFkYSAgICAgfCA5JSAgIHwKfCDlhbbku5YgICAgICAgfCAyJSAgIHwKCui1hOaWmeadpea6kO+8muiJvueRnuWSqOivou+8jOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第36頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第37頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第38頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第39頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第40頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第41頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第42頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第43頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第44頁
fCDlubTku70gfCDkvJrlkZjmlbDvvIjkur/kurrvvIkgfCDmuJfpgI/njocgfAp8LS0tLS0tfC0tLS0tLS0tLS0tLS0tfC0tLS0tLS0tfAp8IDIwMTggfCAwLjkgICAgICAgICAgfCA1NCUgICAgfAp8IDIwMTkgfCAxLjAgICAgICAgICAgfCA1OCUgICAgfAp8IDIwMjAgfCAxLjIgICAgICAgICAgfCA2MiUgICAgfAp8IDIwMjEgfCAxLjUgICAgICAgICAgfCA2NiUgICAgfAp8IDIwMjIgfCAxLjcgICAgICAgICAgfCA3MCUgICAgfAp8IDIwMjMgfCAxLjcgICAgICAgICAgfCA3MiUgICAgfAoK6LWE5paZ5p2l5rqQ77yaQ0lSUO+8jOi2o+iIqua1t+eUteWVhu+8jOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第45頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第46頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第47頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第48頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第49頁
fCDlubPlj7AgICAgICAgfCDljaDmr5QgICB8CnwtLS0tLS0tLS0tLS18LS0tLS0tLS18Cnwg5Lqa6ams6YCKICAgICB8IDI4JSAgICB8CnwgVGlrVG9rIHNob3B8IDI4JSAgICB8CnwgVGVtdSAgICAgICB8IDEwJSAgICB8Cnwg5rKD5bCU546bICAgICB8IDclICAgICB8Cnwg6YCf5Y2W6YCaICAgICB8IDUlICAgICB8CgrotYTmlpnmnaXmupDvvJrpm6jmnpzot6jlooPvvIzlm73nm5vor4HliLjnoJTnqbbmiYA=
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第50頁
fCDmiJDmnKzlj5jljJbojIPlm7QgfCDnmb7liIbmr5QgfAp8LS0tLS0tLS0tLS0tLS18LS0tLS0tLS18Cnwg5aKe6ZW/MC4xLTAuNeWAjSB8IDUzJSAgICB8Cnwg5aKe6ZW/MC41LTHlgI0gICB8IDE0JSAgICB8Cnwg5aKe6ZW/6LaFMeWAjSAgICAgfCA3JSAgICAgfAp8IOaMgeW5s++8jDMlICAgICAgfCAtICAgICAgfAp8IOaVtOS9k+aIkOacrOS4i+mZjSAgfCA3JSAgICAgfAp8IOWinumVvzAuMeWAjeS7peWGhSB8IDE2JSAgICB8CgrotYTmlpnmnaXmupDvvJroib7nkZ7lkqjor6LvvIzlm73nm5vor4HliLjnoJTnqbbmiYA=
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第51頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第52頁
fCDml6XmnJ8gfCBURU1V5pyI5bqmR01W77yI55m+5LiH576O5YWD77yJIHwKfC0tLS0tLXwtLS0tLS0tLS0tLS0tLS0tLS0tLS0tLS0tLXwKfCAyMDIyLTA5IHwgMTAgICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIyLTEwIHwgMjAgICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIyLTExIHwgNTAgICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIyLTEyIHwgODAgICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIzLTAxIHwgMTUwICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIzLTAyIHwgMjUwICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIzLTAzIHwgMzUwICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIzLTA0IHwgNDUwICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIzLTA1IHwgNjUwICAgICAgICAgICAgICAgICAgICAgIHwKfCAyMDIzLTA2IHwgMTAwMCAgICAgICAgICAgICAgICAgICAgIHwKCui1hOaWmeadpea6kO+8mkJ1c2luZXNzIG9mIEFwcHMsIOWbveebm+ivgeWIuOeglOeptuaJgA==
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第53頁
5qC55o2u5oKo5o+Q5L6b55qE5Zu+54mH5YaF5a6577yM5Lul5LiL5piv5o+Q5Y+W55qE5pWw5o2u55Sf5oiQ55qE6KGo5qC877yM5bm25Zyo6KGo5qC85LiL5pa55bGV56S65LqG6LWE5paZ5p2l5rqQ77yaCgp8IOeOr+iKgiB8IOWPguS4juaWuSB8CnwgOi0tOiB8IDotLTogfAp8IOmAieWTgSB8IOWbveWGheWNluWutiB8Cnwg5Y+R6LSnIHwgVGVtdeWbveWGheS7k+W6kyB8Cnwg5oql5Lu3IHwgVGVtdea1t+WkluW5s+WPsCB8Cnwg6YWN6YCBIHwgVGVtdea1t+WkluW5s+WPsCB8Cnwg5a6a5Lu3JumUgOWUriB8IOa1t+WkluS5sOWutiB8CgrotYTmlpnmnaXmupDvvJrpm6jmnpzot6jlooPvvIzlm73nm5vor4HliLjnoJTnqbbmiYDnu5jliLY=
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第54頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第55頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第56頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第57頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第58頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第59頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第60頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第61頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第62頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第63頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第64頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第65頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第66頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第67頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第68頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第69頁
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第70頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第71頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第72頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第73頁
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
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第74頁
fCDlm73lrrYgIHwg5biC5Zy65Lu96aKdIHwKfC0tLS0tLS18LS0tLS0tLS0tLXwKfCDkuK3lm70gIHwgNTEuMDglICAgfAp8IOe+juWbvSAgfCAxOS42NSUgICB8Cnwg6Iux5Zu9ICB8IDMuMzElICAgIHwKfCDml6XmnKwgIHwgMy4yNyUgICAgfAp8IOmfqeWbvSAgfCAyLjQ5JSAgICB8Cnwg5YW25LuWICB8IDIwLjIwJSAgIHwKCui1hOaWmeadpea6kDogRW1hcmtldGVyLCDlm73nm5vor4HliLjnoJTnqbbmiYA=
不同運營模式跨境電商公司財務表現對比（毛利率、凈利率、現金流/凈利潤、存貨周轉率為2023年前三季度數據）_第75頁
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
所屬報告： 輕工制造行業跨境電商專題：平臺紅利乘風而起-240125（33頁）.pdf
打包全文圖表

相關數據

最新數據
聯系我們
  • 0731-84720580
  • sgpjbg002
  • 工作日 9:30 - 18:00
關于我們
侵權處理
關于我們

三個皮匠報告專業的行業報告下載站，每日更新，歡迎大家關注！

copyright@2008-2013 長沙景略智創信息技術有限公司版權所有
網站備案/許可證號：湘B2-20190120

客服
商務合作
小程序
服務號
折疊
午夜网日韩中文字幕,日韩Av中文字幕久久,亚洲中文字幕在线一区二区,最新中文字幕在线视频网站