我们预计1Q25 收入同比下滑4.8%，非通用准则净利润23 亿元我们预计公司1Q25 收入同比下滑4.8%至263 亿元，预计非通用准则净利润同比下滑11%至23 亿元，对应非通用准则净利率8.7%。关注要点1Q25 收入增速或落在此前指引低端，但用户端下滑幅度或环比收窄：近期统计局数据表明，可选品类的消费情绪仍有待恢复，2025 年1-2月线上实物商品的穿类销售额同比下滑0.6%，相比线上实物...
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