As a company listed on the Shenzhen Stock Exchange, Guangyu Group (stock code: 002133) has always focused on real estate development business and is committed to seeking diversified development paths in a complex and changing market environment. Recently, the company released its financial report for the first quarter of 2024, revealing its latest financial situation and operating results under challenges such as high inventories. This article will conduct an in-depth analysis of this financial report and explore Guangyu Group's market performance and future trends from multiple dimensions such as balance and liability data, profit data, and cash flow data.

First, focusing on balance and liability data, Guangyu Group's total assets at the end of the period were 12.919 billion yuan, down 8.09% from 14.057 billion yuan at the beginning of the period. This reduction is mainly due to cyclical fluctuations in the real estate market and the company's active optimization of asset structures. In terms of debt, the total debt reached 8.438 billion yuan at the end of the period, which was also lower than at the beginning of the period, reflecting the company's steady attitude in financial management. The balance ratio fell to 65.31% from 66.99% at the beginning of the period, indicating that Guangyu Group has achieved positive results in controlling financial risks.

Turning to profit data, during the reporting period, Guangyu Group achieved revenue of 1.341 billion yuan, down 20.21% from the same period last year. This is mainly due to a decrease in the number of real estate projects settled in the current period compared to the same period last year. At the same time, net profit attributable to shareholders of listed companies and net profit after deducting non-recurring profit and loss both experienced sharp declines, falling 95.97% and 97.93% respectively, reflecting the company's profit margin being greatly compressed in the current real estate market environment. Despite this, Guangyu Group is still striving to reduce costs and improve efficiency through refined management.

In terms of cash flow, net cash flow from operating activities was negative, reaching -0.231 billion yuan, a further decrease of 30.46% compared with the same period last year. This was mainly affected by the increase in cash for purchasing goods and receiving labor payments in the current period. Although cash flow pressure has increased in the short term, in the medium to long term, this is a necessary investment made by the company to guarantee the liquidity required for subsequent project development.

In summary, Guangyu Group's financial report for the first quarter of 2024 shows the company's coping strategies and ability to adjust in a complex market environment. Faced with cyclical fluctuations in the real estate industry, the company is responding to challenges and exploring new development opportunities by optimizing asset structures, controlling financial risks, and refining operation management. Despite pressure on short-term performance, Guangyu Group is expected to achieve more steady and sustainable development with the gradual improvement of the market environment and the deepening of the company's strategic layout.