item,base,value,type 2025H1净利率,0,33.74,total 毛利率变化,33.23,0.51,neg 销售费用率优化,33.23,0.09,pos 管理费用率优化,33.33,0.11,pos 财务费用恶化,33.03,0.41,neg 投资收益减少,32.9,0.13,neg 公允价值变动,32.9,0.16,pos 资产减值,33.07,0.01,pos 其他业务净额,33.07,0.01,neg 其他收益净额(主要汇兑),29.96,3.11,neg 税率上升,29.70,0.26,neg 2026H1净利率,0,29.7,total