Goodway (688390) disclosed its quarterly report for 2024 on April 26. In the first quarter of 2024, the company achieved total operating income of 1.126 billion yuan, down 34.50 from the same period last year; net profit loss of 28.8215 million yuan, profit of 0.336 billion yuan in the same period last year; non-net profit loss of 34.926 million yuan, profit of 0.333 billion yuan in the same period last year; net cash flow from operating activities was -0.713 billion yuan, compared with 0.107 billion yuan in the same period last year; during the reporting period, Goodway's basic earnings per share was -0.17 yuan, the weighted average return on net assets was -0.97 per cent.

In the first quarter of 2024, the company's gross profit margin was 27.47, down 11.58 percentage points year-on-year; the net profit margin was -1.70, down 20.98 percentage points from the same period last year.

According to the data, the company's weighted average return on net assets in the first quarter of 2024 was -0.97%, down 14.78 percentage points from the same period last year; the company's return on invested capital in the first quarter of 2024 was -1.14%, down 13.96 percentage points from the same period last year.

In the first quarter of 2024, the company's net cash flow from operating activities was -0.713 billion yuan, a year-on-year decrease of 0.821 billion yuan; net cash flow from financing activities -85.2725 million yuan, a year-on-year decrease of 0.1 billion yuan; net cash flow from investment activities -0.142 billion yuan, The same period last year was -0.181 billion yuan.

In the first quarter of 2024, the company's cash ratio to operating income was 118.70 percent.

in terms of major changes in assets, as of the end of the first quarter of 2024, the company's monetary funds decreased by 50.67 from the end of the previous year, accounting for 12.52 percentage points of the company's total assets; inventory increased by 16.42 from the end of the previous year, accounting for 5.93 percentage points of the company's total assets; receivables financing increased by 1050.91 from the end of the previous year, accounting for 1.96 percentage points of the company's total assets; construction in progress increased by 22.72, the proportion of the company's total assets increased by 1.93 percentage points.

in terms of major changes in liabilities, as of the end of the first quarter of 2024, the company's bills payable decreased by 13.32 compared with the end of the previous year, accounting for 1.96 percentage points of the company's total assets; long-term loans increased by 251.46 compared with the end of last year, accounting for 2.68 percentage points of the company's total assets; accounts payable decreased by 11.79 compared with the end of last year, accounting for 1.08 percentage points; other current liabilities decreased by 30.04, the proportion of the company's total assets decreased by 1.11 percentage points.

According to the first quarter report, among the top ten tradable shareholders of the company at the end of the first quarter of 2024, the new shareholder was Shanghai Pudong Development Bank Co., Ltd.-Guangfa small cap growth hybrid securities investment fund (LOF), which replaced the Guangfa high-end manufacturing stock type sponsored securities investment fund at the end of last year. In terms of the specific shareholding ratio, the holdings of Hong Kong Securities Clearing Company Limited and Efonda SSE Science and Technology Innovation Board 50-component traded open-end index securities investment funds increased, and the holdings of Huaxia SSE Science and Technology Innovation Board 50-component traded open-end index securities investment funds decreased.

in terms of chip concentration, as of the end of the first quarter of 2024, the total number of shareholders of the company was 18000, an increase of 1364 over the end of the previous year, an increase of 8.21; the average market value of the shares held by each household dropped from 1.359 million yuan at the end of the previous year to 966900 yuan, a decrease of 28.85.