资产减值规模 原图定位 同比 39% 13% 80% 17% 42% 8% 53% 开发业务收入比重 13.4% 14.5% 13.6% 19.0% 13.6% 16.4% 7% 24% 一级开发 0 81 50 65 38 53 0 53 二级开发 293 325 409 760 925 1,312 262 1050 开发业务毛利润(亿元) 78 144 132 172 161 200 41 159 同比 85% -8% 31% -6% 24% 5% 30% 一级开发 0 42 32 40 23 7 0 7 二级开发 78 101 100 132 139 193 41 152 毛利率 26.5% 35.4% 28.7% 20.9% 16.8% 14.6% 15.7% 14.4% 扣税后毛利率 19.8% 26.9% 24.0% 17.6% 15.8% 13.3% 14.0% 13.1% 毛利率(一级) - 52.3% 62.6% 61.5% 60.0% 12.7% - - 毛利率(二级) 26.5% 31.2% 24.5% 17.4% 15.0% 14.7% 15.7% 14.5% 开发业务归母净利润(亿元) 21 35 31 27 29 22.7 6 16 同比 65% -11% -12% 6% -21% -35% -15% 一级开发 0 14 13 16 4 2.1 0.0 2.1 二级开发 21 21 19 11 24 20.6 6 14 归母净利率 7.2% 8.6% 6.7% 3.3% 3.0% 1.7% 2.4% 1.5% 归母利率(一级) - 17.3% 25.5% 24.8% 11.3% 3.9% - - 归母利率(二级) 7.2% 6.4% 4.6% 1.5% 2.6% 1.6% 2.4% 1.4%