Estimating differences slopes between groups with y as the computed slope

Question

I'm estimating a basic OLS model, y ~ x, and I want to know the difference in the slope between two groups. Here is a simulated example in R:

set.seed(123)

x <- runif(50, 0, 10)
slope_a <- 1
slope_b <- 3
df <- data.frame(
    x = x,
    y = c(slope_a*x + rnorm(50), slope_b*x + rnorm(50)),
    group = rep(c('a', ''), each = 50)
)

m1 <- lm(y ~ x*group, data = df)
coef(m1)

#> (Intercept)           x      groupa    x:groupa 
#> -0.15881145  3.03108969  0.01645874 -1.99291523 

This correctly recovers the slope parameters for each group, and the intercept is indeed close to 0.

Since the true intercepts are indeed 0, an alternative approach is to compute the slope at each point and regress a model on the slopes as the y variable. In my simulation I am again able to recover the slope parameters:

df$slope <- df$y / df$x
m2 <- lm(slope ~ group, data = df)
coef(m2)

#> (Intercept)      groupa 
#>    3.069613   -2.091512 

My question is when (if ever) is this approach valid? The second approach is essentially forcing the intercept to go through 0, whereas the first is not. So obviously if the true intercept is not 0, then the second approach would be invalid. Am I missing something else important here?