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表5申萬醫藥二級行業經營現金流量（億元）變動情況-行業數據

表5申萬醫藥二級行業經營現金流量（億元）變動情況
表5申萬醫藥二級行業經營現金流量（億元）變動情況
2025 年 Q1 醫藥生物整體經營性現金流增速依然為負。但醫療服務、中藥 II生物制品、醫藥商業經營性現金流增速由負轉正。
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第1頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第2頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第3頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第4頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第5頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第6頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第7頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第8頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第9頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第10頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第11頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第12頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第13頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第14頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第15頁
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表5申萬醫藥二級行業經營現金流量（億元）變動情況_第16頁
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
表5申萬醫藥二級行業經營現金流量（億元）變動情況_第17頁
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
表5申萬醫藥二級行業經營現金流量（億元）變動情況_第18頁
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
表5申萬醫藥二級行業經營現金流量（億元）變動情況_第19頁
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
所屬報告： 醫療服務行業：IVD&醫療服務20242025Q1業績分析結構性機會頻現-250520（31頁）.pdf
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