--- title: "Qingdao Gon Technology Posts Strong Q1 Profit Growth Despite Weaker Cash Flow" type: "News" locale: "en" url: "https://longbridge.com/en/news/284418347.md" description: "Qingdao Gon Technology Co., Ltd. (HK:2768) reported strong Q1 2026 results, with operating revenue of RMB 5.38 billion, a 21.86% increase year-on-year, and net profit more than doubling to RMB 256.62 million. Despite improved profitability, net cash flow from operating activities fell by 28.94%. The company, involved in manufacturing and technology, shows growth in total assets and shareholders' equity, indicating a need for investors to monitor cash generation alongside earnings momentum." datetime: "2026-04-28T15:25:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284418347.md) - [en](https://longbridge.com/en/news/284418347.md) - [zh-HK](https://longbridge.com/zh-HK/news/284418347.md) --- # Qingdao Gon Technology Posts Strong Q1 Profit Growth Despite Weaker Cash Flow ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Qingdao Gon Technology Co., Ltd. Class H ( (HK:2768) ) has provided an update. Qingdao Gon Technology Co., Ltd., a PRC-incorporated industrial technology group listed on the Hong Kong Stock Exchange, has reported unaudited first-quarter 2026 results prepared under China Accounting Standards for Business Enterprises. The group’s operations span manufacturing and technology-related activities, positioning it as a significant player in its chosen industrial markets. For the three months ended 31 March 2026, the company posted operating revenue of RMB 5.38 billion, up 21.86% year on year, while net profit attributable to shareholders more than doubled to RMB 256.62 million, supported by a similar surge in earnings per share and return on equity. Profitability also improved after stripping out non-recurring items, though net cash flow from operating activities fell 28.94%, and total assets and shareholders’ equity both expanded, indicating business growth but also a need for investors to monitor cash generation alongside earnings momentum. **More about Qingdao Gon Technology Co., Ltd. Class H** Qingdao Gon Technology Co., Ltd. is a mainland China-based industrial technology group listed in Hong Kong, reporting under China Accounting Standards for Business Enterprises. The company operates through multiple subsidiaries and is focused on manufacturing and technology-related businesses, serving both domestic and international markets in sectors that demand large-scale industrial solutions. **Average Trading Volume:** 1,571,070 For an in-depth examination of 2768 stock, go to TipRanks’ Overview page. ### Related Stocks - [02768.HK](https://longbridge.com/en/quote/02768.HK.md) ## Related News & Research - [How Is Copart’s Stock Performance Compared to Other Industrial Stocks?](https://longbridge.com/en/news/288869140.md) - [China dominates low-carbon industrial projects, US lags, report says](https://longbridge.com/en/news/288973497.md) - [Germany April industrial orders -3.8% vs -2.0% m/m expected](https://longbridge.com/en/news/289007905.md) - [18:33 ETEurope's competitiveness hinges on integrated industrial electrification, new Eurelectric report shows](https://longbridge.com/en/news/288910817.md) - [How long can the "market dream rate" of AI-modeled stocks last?](https://longbridge.com/en/news/289128430.md)