核心观点2024 年公司实现营收934.6 亿元,同比增长20.2%;实现Non-GAAP归母净利润72.0 亿元,同比下降26.5%。新房、家装、租赁业务主要推动了营收的增长, 而增收不增利主要由于贡献利润率较高的存量房业务占比下降,使得综合毛利率较上年下降3.1 个百分点。2024 年贝壳平台的门店、经纪人数量持续增长,带动公司的存量房、新房交易GTV 增速明显好于行业整体,公司的中介龙头地位...
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