Goodix Technology (603160) disclosed its first quarter report for 2024 on April 26.
In the first quarter of 2024, the company achieved total operating income of 1.218 billion yuan, a year-on-year increase of 44.38%; net profit attributable to the parent company was 162 million yuan, a year-on-year loss; non-net profit after deduction was 148 million yuan, a year-on-year loss; net cash flow generated from operating activities was 221 million yuan, a year-on-year increase of 1118.33%; during the reporting period, Goodix Technology’s basic earnings per share was 0.35 yuan, and the weighted average return on net assets was 1.99%.
In the first quarter of 2024, the company\’s gross profit margin was 40.38%, a year-on-year decrease of 1.66 percentage points; the net profit margin was 13.33%, an increase of 29.78 percentage points from the same period last year.
Data shows that the company\’s weighted average return on net assets in the first quarter of 2024 was 1.99%, an increase of 3.79 percentage points from the same period last year; the company\’s return on invested capital in the first quarter of 2024 was 1.65%, an increase of 3.91 percentage points from the same period last year. .
In the first quarter of 2024, the company\’s net cash flow from operating activities was 221 million yuan, a year-on-year increase of 1118.33%; the net cash flow from financing activities was 135 million yuan, a year-on-year increase of 119 million yuan; the net cash flow from investing activities was 251 million yuan, an increase of 1118.33% year-on-year. The same period last year was 146,000 yuan.
In the first quarter of 2024, the company\’s operating income cash ratio was 120.21% and the net cash ratio was 136.02%.
In terms of major changes in assets, as of the end of the first quarter of 2024, the company\’s monetary funds increased by 16.43% from the end of the previous year, and the proportion of the company\’s total assets increased by 4.53 percentage points; trading financial assets decreased by 20.19% from the end of the previous year, and the proportion of the company\’s total assets decreased by 2.12%. percentage points; inventories decreased by 16.59% compared with the end of the previous year, and the proportion of the company\’s total assets decreased by 1.33 percentage points; development expenditures decreased by 4.39% from the end of the previous year, and the proportion of the company\’s total assets decreased by 0.33 percentage points.
In terms of major changes in liabilities, as of the end of the first quarter of 2024, the company\’s employee compensation payable has decreased by 51.39% from the end of the previous year, and its proportion to the company\’s total assets has decreased by 1.56 percentage points; short-term borrowings have increased by 42.21% from the end of the previous year, and its proportion to the company\’s total assets has increased by 0.86 percentage points. percentage points; notes payable increased by 63.12% compared with the end of the previous year, and the proportion of the company\’s total assets increased by 0.45 percentage points; accounts payable decreased by 9.46% from the end of the previous year, and the proportion of the company\’s total assets decreased by 0.37 percentage points.
The first quarter report shows that among the company\’s top ten tradable shareholders at the end of the first quarter of 2024, Zhang Fan holds the largest share, accounting for 45.04%.
The list of the top ten tradable shareholders remains unchanged compared to the 2023 annual report.
In terms of specific shareholding ratios, Hong Kong Securities Clearing Co., Ltd.’s shareholdings have increased, National Social Security Fund 503 Portfolio, Yunnan Juwei Enterprise Management Center (Limited Partnership), Guolianan China Securities All-Inclusive Semiconductor Products and Equipment Trading Open The shareholdings of Formula Index Securities Investment Fund and Shenzhen Goodix Technology Co., Ltd.-2022 First Phase Employee Stock Ownership Plan have declined.
In terms of chip concentration, as of the end of the first quarter of 2024, the total number of shareholders of the company was 63,800, a decrease of 768 households, or 1.19%, from the end of the previous year; the average shareholding value of each household dropped from 490,200 yuan at the end of the previous year to 420,900 Yuan, a decrease of 14.14%.
